Clough Long/Short Equity ETF (NYSEARCA:CBLS) Shares Up 0.1% – Still a Buy?

Clough Long/Short Equity ETF (NYSEARCA:CBLSGet Free Report)’s stock price rose 0.1% during mid-day trading on Thursday . The stock traded as high as $26.35 and last traded at $26.35. Approximately 105,195 shares were traded during mid-day trading, an increase of 1,102% from the average daily volume of 8,750 shares. The stock had previously closed at $26.33.

Clough Long/Short Equity ETF Price Performance

The stock has a market cap of $43.18 million, a PE ratio of 21.23 and a beta of 0.56. The stock’s fifty day moving average is $27.00 and its 200-day moving average is $26.43.

Clough Long/Short Equity ETF Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Clough Long/Short Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clough Long/Short Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.