Clough Select Equity ETF (NYSEARCA:CBSE) Short Interest Up 105.7% in December

Clough Select Equity ETF (NYSEARCA:CBSE) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 7,500 shares, a growth of 105.7% from the November 30th total of 3,646 shares. Based on an average trading volume of 4,336 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.9% of the shares of the stock are sold short. Approximately 0.9% of the shares of the stock are sold short. Based on an average trading volume of 4,336 shares, the days-to-cover ratio is presently 1.7 days.

Clough Select Equity ETF Trading Down 0.8%

Shares of CBSE traded down $0.32 on Friday, reaching $40.17. The company’s stock had a trading volume of 9,225 shares, compared to its average volume of 5,792. The firm has a fifty day moving average of $39.87 and a 200-day moving average of $39.18. The stock has a market capitalization of $33.74 million, a PE ratio of 27.87 and a beta of 1.16. Clough Select Equity ETF has a twelve month low of $25.79 and a twelve month high of $43.47.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Clough Select Equity ETF stock. JPMorgan Chase & Co. grew its holdings in shares of Clough Select Equity ETF (NYSEARCA:CBSE) by 6.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 204,324 shares of the company’s stock after acquiring an additional 12,624 shares during the quarter. JPMorgan Chase & Co. owned about 27.61% of Clough Select Equity ETF worth $7,508,000 at the end of the most recent quarter.

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.