Stance Sustainable Beta ETF (NASDAQ:CHGX) Short Interest Down 46.7% in March

Stance Sustainable Beta ETF (NASDAQ:CHGX) was the target of a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 6,198 shares, a decline of 46.7% from the March 15th total of 11,622 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 11,243 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On Stance Sustainable Beta ETF

A number of large investors have recently made changes to their positions in the business. PFG Investments LLC grew its position in shares of Stance Sustainable Beta ETF by 5.7% in the 4th quarter. PFG Investments LLC now owns 424,416 shares of the company’s stock worth $11,539,000 after buying an additional 22,829 shares during the last quarter. Natural Investments LLC purchased a new position in shares of Stance Sustainable Beta ETF in the 4th quarter valued at approximately $8,238,000. Stance Capital LLC lifted 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. Osaic Holdings Inc. lifted its stake in shares of Stance Sustainable Beta ETF by 363.3% in the 2nd quarter. Osaic Holdings Inc. now owns 103,716 shares of the company’s stock valued at $2,704,000 after purchasing an additional 81,331 shares during the period. Finally, LPL Financial LLC lifted its stake in shares of Stance Sustainable Beta ETF by 5.2% in the 4th quarter. LPL Financial LLC now owns 67,312 shares of the company’s stock valued at $1,830,000 after purchasing an additional 3,316 shares during the period.

Stance Sustainable Beta ETF Price Performance

Stance Sustainable Beta ETF stock traded up $0.18 during trading hours on Monday, reaching $27.97. The company had a trading volume of 2,565 shares, compared to its average volume of 8,865. The firm has a market cap of $140.97 million, a price-to-earnings ratio of 24.93 and a beta of 1.05. Stance Sustainable Beta ETF has a 12-month low of $21.66 and a 12-month high of $28.55. The company has a 50-day moving average price of $27.67 and a 200 day moving average price of $27.55.

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.