Clough Select Equity ETF (NYSEARCA:CBSE) Short Interest Update

Clough Select Equity ETF (NYSEARCA:CBSE) saw a significant increase in short interest in April. As of April 15th, there was short interest totaling 11,120 shares, an increase of 142.5% from the March 31st total of 4,585 shares. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily volume of 4,861 shares, the days-to-cover ratio is currently 2.3 days.

Clough Select Equity ETF Trading Up 0.5%

Shares of CBSE traded up $0.21 during trading hours on Friday, hitting $46.67. 950 shares of the stock traded hands, compared to its average volume of 4,361. Clough Select Equity ETF has a 1-year low of $29.23 and a 1-year high of $47.07. The firm has a market capitalization of $48.07 million, a PE ratio of 27.87 and a beta of 1.14. The business has a fifty day moving average of $42.34 and a 200-day moving average of $41.41.

Hedge Funds Weigh In On Clough Select Equity ETF

An institutional investor recently raised its position in Clough Select Equity ETF stock. JPMorgan Chase & Co. increased its position in shares of Clough Select Equity ETF (NYSEARCA:CBSE) by 3.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 198,553 shares of the company’s stock after acquiring an additional 6,316 shares during the quarter. JPMorgan Chase & Co. owned about 20.47% of Clough Select Equity ETF worth $7,830,000 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.