Stance Sustainable Beta ETF (NASDAQ:CHGX) Short Interest Down 46.7% in March

Stance Sustainable Beta ETF (NASDAQ:CHGX) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 6,198 shares, a decrease of 46.7% from the March 15th total of 11,622 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 11,243 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On Stance Sustainable Beta ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Stance Capital LLC lifted its holdings in Stance Sustainable Beta ETF by 420.3% during the fourth quarter. Stance Capital LLC now owns 259,956 shares of the company’s stock valued at $7,067,000 after purchasing an additional 209,992 shares during the last quarter. Laird Norton Wetherby Trust Company LLC purchased a new position in shares of Stance Sustainable Beta ETF in the fourth quarter worth about $989,000. Kestra Advisory Services LLC bought a new stake in shares of Stance Sustainable Beta ETF in the fourth quarter valued at approximately $28,000. Mirae Asset Securities USA Inc. raised its position in shares of Stance Sustainable Beta ETF by 66.8% in the fourth quarter. Mirae Asset Securities USA Inc. now owns 13,712 shares of the company’s stock valued at $373,000 after purchasing an additional 5,489 shares during the period. Finally, LPL Financial LLC lifted its stake in shares of Stance Sustainable Beta ETF by 5.2% during the 4th quarter. LPL Financial LLC now owns 67,312 shares of the company’s stock valued at $1,830,000 after buying an additional 3,316 shares in the last quarter.

Stance Sustainable Beta ETF Stock Performance

CHGX stock traded up $0.02 during mid-day trading on Wednesday, hitting $28.67. The company had a trading volume of 4,282 shares, compared to its average volume of 9,023. The firm has a market cap of $144.50 million, a PE ratio of 24.93 and a beta of 1.05. Stance Sustainable Beta ETF has a 12 month low of $21.66 and a 12 month high of $28.83. The stock’s fifty day moving average price is $27.68 and its two-hundred day moving average price is $27.57.

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.