Short Interest in Stance Sustainable Beta ETF (NASDAQ:CHGX) Declines By 32.8%

Stance Sustainable Beta ETF (NASDAQ:CHGX) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 10,665 shares, a decline of 32.8% from the November 30th total of 15,873 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 14,996 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 14,996 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. raised its stake in shares of Stance Sustainable Beta ETF by 55.6% during the second quarter. PNC Financial Services Group Inc. now owns 2,181 shares of the company’s stock valued at $57,000 after purchasing an additional 779 shares in the last quarter. Farther Finance Advisors LLC acquired a new position in Stance Sustainable Beta ETF during the 2nd quarter valued at about $68,000. Steward Partners Investment Advisory LLC increased its stake in Stance Sustainable Beta ETF by 55.5% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 3,159 shares of the company’s stock valued at $82,000 after buying an additional 1,128 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Stance Sustainable Beta ETF during the 2nd quarter worth about $91,000. Finally, Asset Dedication LLC acquired a new stake in shares of Stance Sustainable Beta ETF in the 2nd quarter worth approximately $107,000.

Stance Sustainable Beta ETF Trading Down 0.3%

Shares of NASDAQ:CHGX opened at $27.48 on Tuesday. The firm’s 50 day moving average is $27.30 and its two-hundred day moving average is $26.84. The firm has a market capitalization of $136.58 million, a P/E ratio of 24.93 and a beta of 1.05. Stance Sustainable Beta ETF has a 52 week low of $20.56 and a 52 week high of $39.82.

Stance Sustainable Beta ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 18th. Investors of record on Tuesday, December 16th were given a $0.1828 dividend. The ex-dividend date was Tuesday, December 16th.

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.