Short Interest in Hennessy Sustainable ETF (NASDAQ:STNC) Expands By 3,465.4%

Hennessy Sustainable ETF (NASDAQ:STNC) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 927 shares, a growth of 3,465.4% from the June 30th total of 26 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 2,003 shares, the short-interest ratio is presently 0.5 days.

Hennessy Sustainable ETF Stock Down 0.5%

NASDAQ:STNC opened at $36.69 on Friday. The company has a fifty day moving average of $36.81 and a 200-day moving average of $35.63. The firm has a market capitalization of $92.46 million, a P/E ratio of 19.83 and a beta of 0.84. Hennessy Sustainable ETF has a twelve month low of $30.91 and a twelve month high of $38.53.

Institutional Investors Weigh In On Hennessy Sustainable ETF

A number of large investors have recently bought and sold shares of the stock. Osaic Holdings Inc. bought a new position in shares of Hennessy Sustainable ETF during the 2nd quarter worth about $84,000. Raymond James Financial Inc. bought a new stake in Hennessy Sustainable ETF in the 2nd quarter valued at about $96,000. Cetera Investment Advisers increased its holdings in shares of Hennessy Sustainable ETF by 67.6% during the second quarter. Cetera Investment Advisers now owns 12,410 shares of the company’s stock valued at $383,000 after acquiring an additional 5,005 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC bought a new position in shares of Hennessy Sustainable ETF in the 4th quarter worth $202,000.

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.