Short Interest in Stance Sustainable Beta ETF (NASDAQ:CHGX) Expands By 125.5%

Stance Sustainable Beta ETF (NASDAQ:CHGX) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 27,383 shares, an increase of 125.5% from the July 15th total of 12,144 shares. Based on an average daily volume of 11,502 shares, the short-interest ratio is presently 2.4 days. Currently, 0.5% of the shares of the company are sold short.

Institutional Trading of Stance Sustainable Beta ETF

Hedge funds have recently modified their holdings of the stock. Stance Capital LLC grew 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 worth $7,067,000 after acquiring an additional 209,992 shares during the period. WCG Wealth Advisors LLC acquired a new position in Stance Sustainable Beta ETF in the fourth quarter valued at approximately $1,242,000. Laird Norton Wetherby Trust Company LLC purchased a new stake in Stance Sustainable Beta ETF in the 4th quarter worth approximately $989,000. Sanctuary Advisors LLC purchased a new stake in Stance Sustainable Beta ETF in the 1st quarter worth approximately $611,000. Finally, Creative Planning acquired a new stake in shares of Stance Sustainable Beta ETF during the 2nd quarter worth approximately $210,000.

Stance Sustainable Beta ETF Stock Performance

NASDAQ CHGX traded down $0.15 on Friday, reaching $34.16. 4,485 shares of the company’s stock traded hands, compared to its average volume of 12,841. Stance Sustainable Beta ETF has a fifty-two week low of $25.96 and a fifty-two week high of $34.33. The firm has a market cap of $179.34 million, a price-to-earnings ratio of 24.93 and a beta of 1.07. The stock has a 50 day moving average price of $32.87 and a 200-day moving average price of $30.37.

Stance Sustainable Beta ETF Company Profile

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.