Stance Sustainable Beta ETF (NASDAQ:CHGX) Stock Short Interest Rises 1,470.8%

Stance Sustainable Beta ETF (NASDAQ:CHGX) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 23,954 shares, a growth of 1,470.8% from the September 15th total of 1,525 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 17,185 shares, the short-interest ratio is presently 1.4 days.

Stance Sustainable Beta ETF Stock Up 0.8%

Shares of Stance Sustainable Beta ETF stock traded up $0.26 on Friday, hitting $33.84. The stock had a trading volume of 5,226 shares, compared to its average volume of 14,361. The stock has a market cap of $180.71 million, a price-to-earnings ratio of 24.93 and a beta of 1.07. Stance Sustainable Beta ETF has a twelve month low of $25.96 and a twelve month high of $34.33. The business’s 50 day moving average is $33.46 and its two-hundred day moving average is $31.90.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Stance Capital LLC grew its stake in shares of Stance Sustainable Beta ETF by 420.3% in the fourth quarter. Stance Capital LLC now owns 259,956 shares of the company’s stock valued at $7,067,000 after acquiring an additional 209,992 shares in the last quarter. Natural Investments LLC increased its position in Stance Sustainable Beta ETF by 17.4% during the second 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 period. Sanctuary Advisors LLC acquired a new stake in Stance Sustainable Beta ETF in the 1st quarter worth about $611,000. Envestnet Asset Management Inc. raised its stake in Stance Sustainable Beta ETF by 68.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 51,848 shares of the company’s stock worth $1,722,000 after purchasing an additional 21,006 shares in the last quarter. Finally, Citadel Advisors LLC bought a new stake in Stance Sustainable Beta ETF in the 2nd quarter valued at about $467,000.

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.