Convergence Long/Short Equity ETF (BATS:CLSE) Declares $0.21 Dividend

Convergence Long/Short Equity ETF (BATS:CLSEGet Free Report) declared a dividend on Friday, December 13th,NASDAQ Dividends reports. Investors of record on Monday, December 16th will be given a dividend of 0.212 per share on Tuesday, December 17th. The ex-dividend date of this dividend is Monday, December 16th.

Convergence Long/Short Equity ETF Price Performance

Shares of CLSE stock traded up $0.11 during mid-day trading on Friday, reaching $23.72. The company’s stock had a trading volume of 377,760 shares. The firm’s 50-day moving average is $23.22 and its 200 day moving average is $22.03. The stock has a market cap of $97.73 million, a price-to-earnings ratio of 16.00 and a beta of 0.67.

About Convergence Long/Short Equity ETF

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The Convergence Long\u002FShort Equity ETF (CLSE) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund establishes both long and short positions in US stocks. The actively managed fund intends to maintain a 50%-100% net long exposure. CLSE was launched on Dec 29, 2009 and is managed by Convergence.

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