Clough Select Equity ETF (NYSEARCA:CBSE) Stock Short Interest Declines 65.4%

Clough Select Equity ETF (NYSEARCA:CBSE) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 792 shares, a decrease of 65.4% from the September 15th total of 2,292 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 3,725 shares, the days-to-cover ratio is currently 0.2 days.

Clough Select Equity ETF Stock Performance

CBSE stock traded down $0.71 during trading on Monday, hitting $46.95. 2,105 shares of the company’s stock traded hands, compared to its average volume of 5,718. Clough Select Equity ETF has a 52 week low of $36.94 and a 52 week high of $52.82. The stock has a market capitalization of $49.29 million, a price-to-earnings ratio of 27.87 and a beta of 1.22. The business has a fifty day simple moving average of $47.56 and a 200 day simple moving average of $47.55.

About Clough Select Equity ETF

The Changebridge Capital Sustainable Equity ETF (CBSE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, concentrated portfolio of US-listed stocks that appear fundamentally undervalued and have positive environmental, social and governance attributes as viewed by the fund adviser. CBSE was launched on Nov 13, 2020 and is managed by Changebridge Capital.