Clough Hedged Equity ETF (NYSEARCA:CBLS) Short Interest Up 157.7% in February

Clough Hedged Equity ETF (NYSEARCA:CBLS) saw a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 10,216 shares, an increase of 157.7% from the January 29th total of 3,964 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average trading volume of 5,907 shares, the days-to-cover ratio is currently 1.7 days. Based on an average trading volume of 5,907 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.7% of the company’s shares are short sold.

Clough Hedged Equity ETF Trading Up 0.2%

Shares of CBLS traded up $0.07 during trading hours on Friday, hitting $30.60. 20 shares of the stock traded hands, compared to its average volume of 4,311. Clough Hedged Equity ETF has a 1-year low of $24.37 and a 1-year high of $30.89. The firm has a market capitalization of $47.74 million, a PE ratio of 28.48 and a beta of 0.55. The business has a fifty day moving average of $29.52 and a 200-day moving average of $28.66.

Clough Hedged Equity ETF Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.247 per share. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Clough Hedged Equity ETF stock. Royal Bank of Canada raised its position in shares of Clough Hedged Equity ETF (NYSEARCA:CBLS) by 74.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,547 shares of the company’s stock after purchasing an additional 4,488 shares during the period. Royal Bank of Canada owned approximately 0.68% of Clough Hedged Equity ETF worth $276,000 at the end of the most recent reporting period.

About Clough Hedged Equity ETF

The Changebridge Capital Long\u002FShort Equity ETF (CBLS) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is an alternative strategy that takes both long and short position in US-listed stocks. The actively managed fund will typically be 30%-70% net long exposure. CBLS was launched on Nov 13, 2020 and is managed by Changebridge Capital.