Clough Hedged Equity ETF (NYSEARCA:CBLS) Stock Price Up 0.4% – Here’s What Happened

Clough Hedged Equity ETF (NYSEARCA:CBLS – Get Free Report)’s stock price was up 0.4% on Thursday. The stock traded as high as $31.34 and last traded at $31.34. 386 shares changed hands during trading, a decline of 90% from the average session volume of 3,781 shares. The stock had previously closed at $31.23.

Clough Hedged Equity ETF Trading Up 0.4%

The company has a market cap of $57.04 million, a P/E ratio of 28.48 and a beta of 0.58. The firm’s 50 day moving average price is $30.96 and its 200-day moving average price is $31.37.

Clough Hedged Equity ETF Company Profile

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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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