Stance Sustainable Beta ETF (NASDAQ:CHGX) Short Interest Down 55.0% in January

Stance Sustainable Beta ETF (NASDAQ:CHGX) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 15,179 shares, a drop of 55.0% from the December 31st total of 33,694 shares. Based on an average daily trading volume, of 13,030 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.3% of the shares of the stock are short sold. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 13,030 shares, the days-to-cover ratio is presently 1.2 days.

Stance Sustainable Beta ETF Stock Performance

Shares of CHGX traded down $0.16 during mid-day trading on Friday, reaching $28.03. The company had a trading volume of 5,170 shares, compared to its average volume of 9,934. The company’s 50 day simple moving average is $27.52 and its 200 day simple moving average is $27.15. The company has a market capitalization of $142.39 million, a price-to-earnings ratio of 24.93 and a beta of 1.05. Stance Sustainable Beta ETF has a 1-year low of $20.56 and a 1-year high of $39.82.

Stance Sustainable Beta ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, December 18th. Stockholders of record on Tuesday, December 16th were given a dividend of $0.1828 per share. The ex-dividend date was Tuesday, December 16th.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Farther Finance Advisors LLC acquired a new stake in Stance Sustainable Beta ETF in the 2nd quarter valued at $68,000. Denver Wealth Management Inc. boosted its holdings in Stance Sustainable Beta ETF by 55.1% during the second quarter. Denver Wealth Management Inc. now owns 12,011 shares of the company’s stock worth $313,000 after purchasing an additional 4,267 shares during the last quarter. Arjuna Capital purchased a new position in shares of Stance Sustainable Beta ETF in the 2nd quarter worth approximately $338,000. Envestnet Asset Management Inc. grew its stake in Stance Sustainable Beta ETF by 60.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 48,869 shares of the company’s stock valued at $1,274,000 after purchasing an additional 18,345 shares during the period. Finally, Mirae Asset Securities USA Inc. bought a new position in Stance Sustainable Beta ETF during the second quarter valued at about $888,000.

About Stance Sustainable Beta ETF

The AXS Change Finance ESG ETF (CHGX) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of 100 US large-cap stocks that meet diverse environmental, social, and governance standards.