Convergence Long/Short Equity ETF (CLSE) closed at $32.77 on October 30, 2026, down 1.2% from the previous close, on volume of 810,366 shares (30-day average 412,809).
Data as of October 30, 2026.
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The Convergence Long/Short Equity ETF seeks to provide a greater return potential than traditional approaches while reducing risk. The fund endeavors to provide a more material and consistent alpha through its proprietary fundamental ranking process from both its long and short holdings over a market cycle. The objective of the Convergence Long/Short Equity ETF is to pursue long term capital growth while minimizing volatility.
Convergence Long/Short Equity ETF trades on the BATS stock market under the symbol CLSE.
As of October 30, 2026, CLSE stock price declined to $32.77 with 810,366 million shares trading.
CLSE has a beta of 0.66, meaning it tends to be less sensitive to market movements. CLSE has a correlation of 0.39 to the broad based SPY ETF.
CLSE has a market cap of $1.00 billion. This is considered a Small Cap stock.
In the last 3 years, CLSE traded as high as $34.76 and as low as $16.11.
CLSE has outperformed the market in the last year with a return of +23.2%, while the SPY ETF gained +12.3%. However, in the most recent history, CLSE shares have underperformed the stock market with its stock returning -3.4% in the last 3 month period and -2.9% for the last 2 week period, while SPY has returned +2.1% and -1.0%, respectively.
CLSE support price is $32.93 and resistance is $33.39 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CLSE shares will trade within this expected range on the day.