Stance Sustainable Beta ETF (NASDAQ:CHGX) Short Interest Down 70.5% in August

Stance Sustainable Beta ETF (NASDAQ:CHGX) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 2,045 shares, a drop of 70.5% from the August 15th total of 6,936 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 6,631 shares, the days-to-cover ratio is currently 0.3 days.

Stance Sustainable Beta ETF Trading Up 1.1%

Shares of NASDAQ:CHGX traded up $0.36 during trading on Friday, hitting $32.99. 5,173 shares of the company’s stock were exchanged, compared to its average volume of 12,248. The firm has a market cap of $173.20 million, a P/E ratio of 24.93 and a beta of 1.07. The firm has a 50-day moving average price of $33.16 and a two-hundred day moving average price of $31.13. Stance Sustainable Beta ETF has a 1-year low of $25.96 and a 1-year high of $34.33.

Hedge Funds Weigh In On Stance Sustainable Beta ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. PFG Investments LLC raised its holdings in Stance Sustainable Beta ETF by 0.3% during the 1st quarter. PFG Investments LLC now owns 425,708 shares of the company’s stock worth $11,417,000 after buying an additional 1,292 shares during the period. Natural Investments LLC raised its stake in shares of Stance Sustainable Beta ETF by 17.4% in the 2nd quarter. Natural Investments LLC now owns 369,592 shares of the company’s stock valued at $12,273,000 after purchasing an additional 54,716 shares during the period. Stance Capital LLC raised its stake in shares of Stance Sustainable Beta ETF by 420.3% in the 4th quarter. Stance Capital LLC now owns 259,956 shares of the company’s stock valued at $7,067,000 after purchasing an additional 209,992 shares during the period. Westfuller Advisors LLC lifted its holdings 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 in the last quarter. Finally, LPL Financial LLC boosted its position in shares of Stance Sustainable Beta ETF by 5.2% during the fourth quarter. LPL Financial LLC now owns 67,312 shares of the company’s stock worth $1,830,000 after buying an additional 3,316 shares during the period.

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.