Clough Hedged Equity ETF (NYSEARCA:CBLS – Get Free Report)’s stock price was down 1.9% on Thursday. The stock traded as low as $30.36 and last traded at $30.36. Approximately 548 shares were traded during mid-day trading, a decline of 85% from the average session volume of 3,558 shares. The stock had previously closed at $30.95.
Clough Hedged Equity ETF Stock Down 1.4%
The stock has a market capitalization of $54.47 million, a price-to-earnings ratio of 28.48 and a beta of 0.59. The business’s 50-day moving average is $31.06 and its two-hundred day moving average is $31.58.
Institutional Inflows and Outflows
A hedge fund recently bought a new position in Clough Hedged Equity ETF stock. Farther Finance Advisors LLC purchased a new stake in Clough Hedged Equity ETF (NYSEARCA:CBLS – Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,871 shares of the company’s stock, valued at approximately $152,000. Farther Finance Advisors LLC owned approximately 0.27% of Clough Hedged Equity ETF at the end of the most recent reporting period.
About Clough Hedged Equity ETF
The Changebridge Capital Long\u002FShort Equity ETF (CBLS) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is an alternative strategy that takes both long and short position in US-listed stocks. The actively managed fund will typically be 30%-70% net long exposure. CBLS was launched on Nov 13, 2020 and is managed by Changebridge Capital.
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