Clough Select Equity ETF (NYSEARCA:CBSE) Short Interest Update
by Scott Moore · The Cerbat GemClough Select Equity ETF (NYSEARCA:CBSE – Get Free Report) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 873 shares, a drop of 88.4% from the December 15th total of 7,500 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 6,162 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 6,162 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Clough Select Equity ETF stock. JPMorgan Chase & Co. lifted its stake in shares of Clough Select Equity ETF (NYSEARCA:CBSE – Free Report) by 6.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 204,324 shares of the company’s stock after purchasing an additional 12,624 shares during the period. JPMorgan Chase & Co. owned 27.61% of Clough Select Equity ETF worth $7,508,000 at the end of the most recent quarter.
Clough Select Equity ETF Price Performance
CBSE stock traded up $0.06 during midday trading on Monday, hitting $42.20. The company’s stock had a trading volume of 8,307 shares, compared to its average volume of 7,485. The company’s fifty day moving average price is $39.88 and its 200 day moving average price is $39.57. Clough Select Equity ETF has a twelve month low of $25.79 and a twelve month high of $43.47. The stock has a market capitalization of $40.09 million, a P/E ratio of 27.87 and a beta of 1.16.
Clough Select Equity ETF Announces Dividend
The business also recently announced a dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were issued a dividend of $0.1364 per share. The ex-dividend date was Tuesday, December 30th.
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.