Short Interest in Clough Select Equity ETF (NYSEARCA:CBSE) Rises By 1,309.0%

Clough Select Equity ETF (NYSEARCA:CBSE) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 12,301 shares, an increase of 1,309.0% from the December 31st total of 873 shares. Approximately 1.3% of the company’s stock are sold short. Based on an average daily trading volume, of 6,102 shares, the days-to-cover ratio is currently 2.0 days. Based on an average daily trading volume, of 6,102 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.3% of the company’s stock are sold short.

Institutional Trading of Clough Select Equity ETF

An institutional investor recently raised its position in Clough Select Equity ETF stock. JPMorgan Chase & Co. increased its holdings in shares of Clough Select Equity ETF (NYSEARCA:CBSE) by 6.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 204,324 shares of the company’s stock after buying an additional 12,624 shares during the quarter. JPMorgan Chase & Co. owned 27.61% of Clough Select Equity ETF worth $7,508,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Clough Select Equity ETF Stock Up 0.4%

Shares of Clough Select Equity ETF stock traded up $0.18 on Tuesday, reaching $43.05. The stock had a trading volume of 1,872 shares, compared to its average volume of 5,345. The stock has a market capitalization of $41.76 million, a P/E ratio of 27.87 and a beta of 1.16. The company has a 50 day moving average price of $40.83 and a 200 day moving average price of $40.06. Clough Select Equity ETF has a 1 year low of $25.79 and a 1 year high of $44.00.

Clough Select Equity ETF Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were issued a $0.1364 dividend. The ex-dividend date of this dividend 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.