Hennessy Sustainable ETF (NASDAQ:STNC) Short Interest Update

Hennessy Sustainable ETF (NASDAQ:STNC) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 360 shares, a growth of 620.0% from the August 15th total of 50 shares. Based on an average trading volume of 919 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the company’s stock are sold short.

Hennessy Sustainable ETF Price Performance

Shares of STNC stock opened at $36.16 on Friday. The firm has a fifty day moving average of $36.85 and a two-hundred day moving average of $36.11. The firm has a market cap of $91.13 million, a P/E ratio of 19.83 and a beta of 0.83. Hennessy Sustainable ETF has a 1-year low of $31.60 and a 1-year high of $38.53.

Hedge Funds Weigh In On Hennessy Sustainable ETF

A number of hedge funds have recently bought and sold shares of STNC. O Shaughnessy Asset Management LLC acquired a new stake in Hennessy Sustainable ETF during the fourth quarter valued at approximately $202,000. Cetera Investment Advisers grew its position in shares of Hennessy Sustainable ETF by 67.6% in the 2nd quarter. Cetera Investment Advisers now owns 12,410 shares of the company’s stock worth $383,000 after acquiring an additional 5,005 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Hennessy Sustainable ETF in the 2nd quarter worth approximately $96,000. Finally, Osaic Holdings Inc. bought a new stake in shares of Hennessy Sustainable ETF in the 2nd quarter valued at approximately $84,000.

Hennessy Sustainable ETF Company Profile

The Hennessy Stance ESG ETF (STNC) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent ETF that holds a concentrated portfolio of US firms screened for ESG criteria. The fund utilizes the Blue Tractor non-transparent model. STNC was launched on Mar 16, 2021 and is issued by Hennessy.