Short Interest in Hennessy Sustainable ETF (NASDAQ:STNC) Rises By 620.0%

Hennessy Sustainable ETF (NASDAQ:STNC) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 360 shares, a growth of 620.0% from the August 15th total of 50 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 919 shares, the short-interest ratio is presently 0.4 days.

Hennessy Sustainable ETF Stock Performance

Hennessy Sustainable ETF stock opened at $36.16 on Friday. Hennessy Sustainable ETF has a 1 year low of $31.60 and a 1 year high of $38.53. The firm’s 50-day moving average is $36.85 and its 200-day moving average is $36.11. The company has a market cap of $91.13 million, a P/E ratio of 19.83 and a beta of 0.83.

Hedge Funds Weigh In On Hennessy Sustainable ETF

Large investors have recently bought and sold shares of the business. Osaic Holdings Inc. bought a new position in Hennessy Sustainable ETF in the second quarter worth about $84,000. Raymond James Financial Inc. bought a new position in shares of Hennessy Sustainable ETF during the second quarter valued at approximately $96,000. O Shaughnessy Asset Management LLC acquired a new stake in shares of Hennessy Sustainable ETF during the 4th quarter worth approximately $202,000. Finally, Cetera Investment Advisers raised its position in shares of Hennessy Sustainable ETF by 67.6% during the 2nd quarter. Cetera Investment Advisers now owns 12,410 shares of the company’s stock worth $383,000 after purchasing an additional 5,005 shares during the period.

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.