Convergence Long/Short Equity ETF CLSE

$23.39 -0.39 (-1.64%)

Valuation

Market cap
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Revenue TTM
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Net income TTM
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P/E (trailing)
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P/E (forward)
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Profit margin
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Debt to equity
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Trading

Volume
77,899
Avg volume
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Day's range
$23.31 – $23.76
Shares out
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Stochastic %K
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Beta
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Analysts
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Price target
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Price

Company profile

The fund seeks to invest, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in long and short positions in equity securities of domestic companies. The adviser intends to maintain a net long exposure (the market value of long positions minus the market value of short positions) of approximately 50% to 100% of the fund’s net assets. Under normal market conditi...

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The fund seeks to invest, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in long and short positions in equity securities of domestic companies. The adviser intends to maintain a net long exposure (the market value of long positions minus the market value of short positions) of approximately 50% to 100% of the fund’s net assets. Under normal market conditions, the fund’s long positions may range from approximately 90% to 150% and its short positions may range from approximately 20% to 70%.

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