Clough Long/Short Equity ETF (NYSEARCA:CBLS) Stock Price Up 0.1% – Time to Buy?

Clough Long/Short Equity ETF (NYSEARCA:CBLSGet Free Report) shares were up 0.1% on Thursday . The stock traded as high as $26.35 and last traded at $26.35. Approximately 105,195 shares changed hands 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 Stock Up 0.1 %

The company has a market cap of $43.48 million, a P/E ratio of 21.23 and a beta of 0.56. The firm’s 50-day moving average price is $27.04 and its 200-day moving average price is $26.42.

About Clough Long/Short Equity ETF

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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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