Clough Hedged Equity ETF (NYSEARCA:CBLS) Short Interest Update

by · The Cerbat Gem

Clough Hedged Equity ETF (NYSEARCA:CBLS – Get Free Report) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 13,216 shares, an increase of 195.6% from the July 15th total of 4,471 shares. Based on an average daily volume of 3,838 shares, the days-to-cover ratio is currently 3.4 days. Currently, 0.7% of the company’s shares are short sold.

Clough Hedged Equity ETF Price Performance

Shares of Clough Hedged Equity ETF stock traded up $0.19 on Friday, hitting $31.02. 392 shares of the company’s stock traded hands, compared to its average volume of 4,028. The company has a fifty day moving average of $32.14 and a two-hundred day moving average of $31.22. Clough Hedged Equity ETF has a one year low of $27.02 and a one year high of $34.52. The company has a market capitalization of $57.08 million, a price-to-earnings ratio of 28.48 and a beta of 0.58.

Hedge Funds Weigh In On Clough Hedged Equity ETF

A hedge fund recently raised its position in Clough Hedged Equity ETF stock. Royal Bank of Canada lifted its holdings in shares of Clough Hedged Equity ETF (NYSEARCA:CBLS – Free Report) by 74.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,547 shares of the company’s stock after acquiring an additional 4,488 shares during the period. Royal Bank of Canada owned approximately 0.68% of Clough Hedged Equity ETF worth $276,000 at the end of the most recent reporting period.

About Clough Hedged Equity ETF

(Get Free Report)

The Changebridge Capital Long\u002FShort Equity ETF (CBLS) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is an alternative strategy that takes both long and short position in US-listed stocks. The actively managed fund will typically be 30%-70% net long exposure. CBLS was launched on Nov 13, 2020 and is managed by Changebridge Capital.

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