Clough Select Equity ETF (NYSEARCA:CBSE) Sees Large Increase in Short Interest

Clough Select Equity ETF (NYSEARCA:CBSE) was the recipient of a large increase in short interest in February. As of February 27th, there was short interest totaling 19,478 shares, an increase of 63.1% from the February 12th total of 11,942 shares. Based on an average trading volume of 3,516 shares, the short-interest ratio is currently 5.5 days. Currently, 2.0% of the company’s shares are short sold. Currently, 2.0% of the company’s shares are short sold. Based on an average trading volume of 3,516 shares, the short-interest ratio is currently 5.5 days.

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. lifted its stake in shares of Clough Select Equity ETF (NYSEARCA:CBSE) by 3.3% during the fourth quarter, according to its most recent disclosure with the Securities and 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 20.47% of Clough Select Equity ETF worth $7,830,000 as of its most recent filing with the Securities and Exchange Commission.

Clough Select Equity ETF Stock Down 0.8%

NYSEARCA CBSE traded down $0.33 during trading on Friday, hitting $40.08. The stock had a trading volume of 6,756 shares, compared to its average volume of 4,958. The company has a market capitalization of $38.88 million, a PE ratio of 27.87 and a beta of 1.16. The firm has a 50 day moving average price of $42.42 and a 200 day moving average price of $40.95. Clough Select Equity ETF has a twelve month low of $25.79 and a twelve month high of $44.11.

Clough Select Equity ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were issued a $0.1364 dividend. The ex-dividend date was Tuesday, December 30th.

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.