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

Clough Select Equity ETF (NYSEARCA:CBSE) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 2,931 shares, an increase of 101.9% from the July 15th total of 1,452 shares. Based on an average daily trading volume, of 4,601 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.3% of the company’s shares are short sold.

Institutional Trading of Clough Select Equity ETF

An institutional investor recently raised its position in Clough Select Equity ETF stock. JPMorgan Chase & Co. grew its holdings in Clough Select Equity ETF (NYSEARCA:CBSE) by 6.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 204,324 shares of the company’s stock after purchasing an additional 12,624 shares during the period. JPMorgan Chase & Co. owned approximately 27.61% of Clough Select Equity ETF worth $7,508,000 as of its most recent SEC filing.

Clough Select Equity ETF Stock Up 0.6%

Shares of CBSE stock traded up $0.29 during trading hours on Friday, reaching $48.88. 2,803 shares of the stock traded hands, compared to its average volume of 6,392. Clough Select Equity ETF has a 1-year low of $36.94 and a 1-year high of $52.82. The business has a fifty day moving average price of $49.14 and a 200 day moving average price of $46.03. The firm has a market capitalization of $54.75 million, a PE ratio of 27.87 and a beta of 1.20.

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.