Stance Sustainable Beta ETF (NASDAQ:CHGX) Short Interest Down 74.7% in August

Stance Sustainable Beta ETF (NASDAQ:CHGX) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 6,936 shares, a decrease of 74.7% from the July 30th total of 27,383 shares. Based on an average daily trading volume, of 7,528 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.1% of the company’s stock are short sold.

Stance Sustainable Beta ETF Stock Up 0.8%

Shares of NASDAQ:CHGX traded up $0.27 during midday trading on Thursday, reaching $34.13. 4,360 shares of the company were exchanged, compared to its average volume of 12,546. The firm has a market cap of $179.18 million, a PE ratio of 24.93 and a beta of 1.07. Stance Sustainable Beta ETF has a fifty-two week low of $25.96 and a fifty-two week high of $34.33. The stock has a fifty day simple moving average of $33.06 and a two-hundred day simple moving average of $30.75.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of CHGX. Kestra Advisory Services LLC acquired a new stake in Stance Sustainable Beta ETF in the 4th quarter valued at approximately $28,000. Ascentis Independent Advisors bought a new position in shares of Stance Sustainable Beta ETF during the 1st quarter worth approximately $64,000. Raymond James Financial Inc. acquired a new stake in shares of Stance Sustainable Beta ETF in the second quarter valued at approximately $91,000. Farther Finance Advisors LLC raised its holdings in shares of Stance Sustainable Beta ETF by 108.0% in the fourth quarter. Farther Finance Advisors LLC now owns 5,442 shares of the company’s stock valued at $148,000 after purchasing an additional 2,826 shares during the last quarter. Finally, Creative Planning acquired a new stake in shares of Stance Sustainable Beta ETF in the second quarter valued at approximately $210,000.

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.