Clough Hedged Equity ETF (NYSEARCA:CBLS) Shares Climb 0.4% – Should You Buy?

Clough Hedged Equity ETF (NYSEARCA:CBLS – Get Free Report)’s stock price traded up 0.4% on Thursday. The company traded as high as $31.34 and last traded at $31.34. Approximately 386 shares were traded during trading, a decline of 90% from the average session volume of 3,781 shares. The stock had previously closed at $31.23.

Clough Hedged Equity ETF Price Performance

The stock has a 50-day moving average price of $30.94 and a two-hundred day moving average price of $31.37. The stock has a market cap of $56.73 million, a PE ratio of 28.48 and a beta of 0.58.

About Clough Hedged Equity ETF

(Get Free Report)

The Changebridge Capital Long\u002FShort Equity ETF (CBLS) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is an alternative strategy that takes both long and short position in US-listed stocks. The actively managed fund will typically be 30%-70% net long exposure. CBLS was launched on Nov 13, 2020 and is managed by Changebridge Capital.

Recommended Stories

Receive News & Ratings for Clough Hedged Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clough Hedged Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.