Clough Select Equity ETF (NYSEARCA:CBSE) Short Interest Up 101.9% in July

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

Clough Select Equity ETF Stock Performance

Clough Select Equity ETF stock opened at $48.88 on Monday. Clough Select Equity ETF has a 12 month low of $36.94 and a 12 month high of $52.82. The company has a market capitalization of $54.75 million, a price-to-earnings ratio of 27.87 and a beta of 1.20. The business’s fifty day simple moving average is $49.14 and its two-hundred day simple moving average is $46.05.

Institutional Trading of Clough Select Equity ETF

An institutional investor recently raised its stake in Clough Select Equity ETF stock. JPMorgan Chase & Co. lifted its position in Clough Select Equity ETF (NYSEARCA:CBSE) by 3.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 198,553 shares of the company’s stock after buying an additional 6,316 shares during the period. JPMorgan Chase & Co. owned about 20.47% of Clough Select Equity ETF worth $7,830,000 as of its most recent SEC filing.

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.