Hennessy Sustainable ETF (NASDAQ:STNC) Short Interest Up 5,337.8% in April

Hennessy Sustainable ETF (NASDAQ:STNC) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 2,012 shares, a growth of 5,337.8% from the April 15th total of 37 shares. Based on an average trading volume of 4,732 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On Hennessy Sustainable ETF

A number of institutional investors and hedge funds have recently bought and sold shares of STNC. Cetera Investment Advisers grew its position in Hennessy Sustainable ETF by 67.6% in the second 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. O Shaughnessy Asset Management LLC purchased a new stake in shares of Hennessy Sustainable ETF during the fourth quarter valued at approximately $202,000. Raymond James Financial Inc. purchased a new stake in shares of Hennessy Sustainable ETF during the second quarter valued at approximately $96,000. Finally, Osaic Holdings Inc. purchased a new stake in shares of Hennessy Sustainable ETF during the second quarter valued at approximately $84,000.

Hennessy Sustainable ETF Stock Down 0.5%

Shares of STNC opened at $35.95 on Wednesday. The business’s 50-day moving average price is $34.99 and its 200-day moving average price is $34.23. Hennessy Sustainable ETF has a twelve month low of $29.61 and a twelve month high of $36.39. The stock has a market cap of $92.39 million, a PE ratio of 19.83 and a beta of 0.86.

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.