Shares of Clough Long/Short Equity ETF (NYSEARCA:CBLS – Get Free Report) were up 2.1% during mid-day trading on Thursday . The company traded as high as $24.56 and last traded at $24.56. Approximately 2,426 shares changed hands during trading, a decline of 22% from the average daily volume of 3,124 shares. The stock had previously closed at $24.06.
Clough Long/Short Equity ETF Price Performance
The company’s 50 day moving average price is $22.89 and its 200 day moving average price is $21.24. The firm has a market capitalization of $12.28 million, a P/E ratio of 16.70 and a beta of 0.57.
Clough Long/Short Equity ETF Company Profile
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.
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