Stance Sustainable Beta ETF (NASDAQ:CHGX) Sees Significant Growth in Short Interest

Stance Sustainable Beta ETF (NASDAQ:CHGX) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 27,383 shares, an increase of 125.5% from the July 15th total of 12,144 shares. Based on an average trading volume of 11,502 shares, the days-to-cover ratio is presently 2.4 days. Currently, 0.5% of the shares of the company are sold short.

Stance Sustainable Beta ETF Stock Performance

Stance Sustainable Beta ETF stock opened at $34.16 on Friday. The company has a 50-day simple moving average of $32.87 and a 200-day simple moving average of $30.37. The firm has a market capitalization of $179.34 million, a P/E ratio of 24.93 and a beta of 1.07. Stance Sustainable Beta ETF has a one year low of $25.96 and a one year high of $34.33.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of CHGX. Sanctuary Advisors LLC acquired a new position in Stance Sustainable Beta ETF during the 1st quarter valued at about $611,000. Westfuller Advisors LLC increased its stake in shares of Stance Sustainable Beta ETF by 2.5% in the first quarter. Westfuller Advisors LLC now owns 111,747 shares of the company’s stock valued at $2,997,000 after purchasing an additional 2,695 shares during the period. Ascentis Independent Advisors bought a new stake in shares of Stance Sustainable Beta ETF during the first quarter valued at approximately $64,000. PFG Investments LLC raised its holdings in shares of Stance Sustainable Beta ETF by 0.3% during the first quarter. PFG Investments LLC now owns 425,708 shares of the company’s stock valued at $11,417,000 after buying an additional 1,292 shares during the last quarter. Finally, Stance Capital LLC boosted its position in shares of Stance Sustainable Beta ETF by 420.3% during the fourth quarter. Stance Capital LLC now owns 259,956 shares of the company’s stock worth $7,067,000 after buying an additional 209,992 shares during the period.

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.