Hennessy Sustainable ETF (NASDAQ:STNC) Sees Significant Drop in Short Interest

Hennessy Sustainable ETF (NASDAQ:STNC) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 25 shares, a decline of 93.1% from the August 31st total of 360 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 1,081 shares, the days-to-cover ratio is currently 0.0 days.

Hennessy Sustainable ETF Stock Down 0.4%

Shares of STNC stock traded down $0.15 on Thursday, reaching $35.67. The company had a trading volume of 73 shares, compared to its average volume of 1,986. The business’s 50-day moving average is $36.70 and its 200 day moving average is $36.14. Hennessy Sustainable ETF has a one year low of $31.60 and a one year high of $38.53. The stock has a market capitalization of $89.90 million, a PE ratio of 19.83 and a beta of 0.83.

About Hennessy Sustainable ETF

The Hennessy Stance ESG ETF (STNC) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent ETF that holds a concentrated portfolio of US firms screened for ESG criteria. The fund utilizes the Blue Tractor non-transparent model. STNC was launched on Mar 16, 2021 and is issued by Hennessy.