Short Interest in Stance Sustainable Beta ETF (NASDAQ:CHGX) Declines By 39.9%

Stance Sustainable Beta ETF (NASDAQ:CHGX) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 12,144 shares, a decline of 39.9% from the June 30th total of 20,194 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 23,941 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of Stance Sustainable Beta ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC acquired a new stake in Stance Sustainable Beta ETF in the fourth quarter valued at approximately $28,000. Evolution Advisers Inc. acquired a new position in shares of Stance Sustainable Beta ETF during the 4th quarter worth approximately $41,000. Ascentis Independent Advisors purchased a new position in shares of Stance Sustainable Beta ETF during the 1st quarter valued at approximately $64,000. Raymond James Financial Inc. acquired a new stake in Stance Sustainable Beta ETF in the 2nd quarter valued at $91,000. Finally, Farther Finance Advisors LLC grew its stake in Stance Sustainable Beta ETF by 108.0% in the 4th quarter. Farther Finance Advisors LLC now owns 5,442 shares of the company’s stock valued at $148,000 after acquiring an additional 2,826 shares during the period.

Stance Sustainable Beta ETF Trading Up 0.1%

Shares of CHGX stock traded up $0.03 during trading hours on Friday, hitting $32.56. The company’s stock had a trading volume of 13,136 shares, compared to its average volume of 13,212. The stock has a market cap of $170.94 million, a PE ratio of 24.93 and a beta of 1.07. Stance Sustainable Beta ETF has a 12-month low of $25.83 and a 12-month high of $33.71. The company has a 50 day moving average of $32.68 and a 200 day moving average of $29.94.

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.