Stance Sustainable Beta ETF (NASDAQ:CHGX) Sees Significant Drop in Short Interest

Stance Sustainable Beta ETF (NASDAQ:CHGX) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 2,045 shares, a decrease of 70.5% from the August 15th total of 6,936 shares. Based on an average daily trading volume, of 6,631 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the company’s stock are short sold.

Stance Sustainable Beta ETF Price Performance

CHGX traded up $0.36 on Friday, hitting $32.99. 5,173 shares of the stock were exchanged, compared to its average volume of 12,248. The firm has a market capitalization of $173.20 million, a price-to-earnings ratio of 24.93 and a beta of 1.07. Stance Sustainable Beta ETF has a 12 month low of $25.96 and a 12 month high of $34.33. The business has a 50-day moving average of $33.16 and a two-hundred day moving average of $31.13.

Institutional Investors Weigh In On Stance Sustainable Beta ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Citadel Advisors LLC bought a new position in shares of Stance Sustainable Beta ETF in the second quarter valued at $467,000. Natural Investments LLC raised its holdings in shares of Stance Sustainable Beta ETF by 17.4% in the 2nd quarter. Natural Investments LLC now owns 369,592 shares of the company’s stock worth $12,273,000 after acquiring an additional 54,716 shares during the last quarter. Sanctuary Advisors LLC bought a new position in Stance Sustainable Beta ETF in the 1st quarter valued at about $611,000. Westfuller Advisors LLC lifted its position in Stance Sustainable Beta ETF by 2.5% in the 1st quarter. Westfuller Advisors LLC now owns 111,747 shares of the company’s stock valued at $2,997,000 after acquiring an additional 2,695 shares in the last quarter. Finally, Ascentis Independent Advisors acquired a new position in Stance Sustainable Beta ETF during the 1st quarter valued at about $64,000.

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.