Clough Select Equity ETF (NYSEARCA:CBSE) Short Interest Down 73.6% in June

Clough Select Equity ETF (NYSEARCA:CBSE) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 2,130 shares, a decrease of 73.6% from the May 31st total of 8,081 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,572 shares, the days-to-cover ratio is presently 0.4 days.

Clough Select Equity ETF Trading Up 0.1%

NYSEARCA:CBSE opened at $51.07 on Friday. The stock has a market capitalization of $52.60 million, a P/E ratio of 27.87 and a beta of 1.19. Clough Select Equity ETF has a 1 year low of $33.50 and a 1 year high of $52.82. The firm has a 50 day moving average of $48.91 and a 200-day moving average of $44.21.

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 the company in its most recent Form 13F filing with the SEC. The institutional investor owned 204,324 shares of the company’s stock after buying an additional 12,624 shares during the quarter. JPMorgan Chase & Co. owned approximately 27.61% of Clough Select Equity ETF worth $7,508,000 at the end of the most recent reporting period.

Clough Select Equity ETF Company Profile

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.