Clough Select Equity ETF (NYSEARCA:CBSE) Short Interest Up 1,309.0% in January

Clough Select Equity ETF (NYSEARCA:CBSE) saw a significant increase in short interest in January. As of January 15th, there was short interest totaling 12,301 shares, an increase of 1,309.0% from the December 31st total of 873 shares. Currently, 1.3% of the shares of the stock are sold short. Based on an average daily volume of 6,102 shares, the days-to-cover ratio is currently 2.0 days. Based on an average daily volume of 6,102 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.3% of the shares of the stock are sold short.

Clough Select Equity ETF Stock Performance

Shares of NYSEARCA:CBSE opened at $43.05 on Wednesday. The business has a fifty day moving average of $40.83 and a 200-day moving average of $40.06. Clough Select Equity ETF has a twelve month low of $25.79 and a twelve month high of $44.00. The firm has a market cap of $41.76 million, a PE ratio of 27.87 and a beta of 1.16.

Clough Select Equity ETF Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were paid a $0.1364 dividend. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Trading of Clough Select Equity ETF

An institutional investor recently raised its position in Clough Select Equity ETF stock. JPMorgan Chase & Co. boosted its position in shares of Clough Select Equity ETF (NYSEARCA:CBSE) by 6.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 204,324 shares of the company’s stock after buying an additional 12,624 shares during the quarter. JPMorgan Chase & Co. owned approximately 27.61% of Clough Select Equity ETF worth $7,508,000 as of its most recent SEC filing.

Clough Select Equity ETF Company Profile

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.