Clough Select Equity ETF (NYSEARCA:CBSE) Short Interest Up 106.0% in August

Clough Select Equity ETF (NYSEARCA:CBSE) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 6,039 shares, an increase of 106.0% from the July 30th total of 2,931 shares. Based on an average daily trading volume, of 17,980 shares, the short-interest ratio is presently 0.3 days. Approximately 0.5% of the shares of the stock are short sold.

Institutional Investors Weigh In On Clough Select Equity ETF

A hedge fund recently raised its position in Clough Select Equity ETF stock. JPMorgan Chase & Co. boosted its position in shares of Clough Select Equity ETF (NYSEARCA:CBSE) by 3.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 198,553 shares of the company’s stock after purchasing an additional 6,316 shares during the period. JPMorgan Chase & Co. owned about 20.47% of Clough Select Equity ETF worth $7,830,000 at the end of the most recent quarter.

Clough Select Equity ETF Price Performance

Shares of CBSE stock opened at $47.67 on Friday. The stock’s fifty day simple moving average is $48.83 and its 200 day simple moving average is $46.44. Clough Select Equity ETF has a one year low of $36.94 and a one year high of $52.82. The firm has a market cap of $53.39 million, a price-to-earnings ratio of 27.87 and a beta of 1.20.

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.