Global X Renewable Energy Producers ETF (NASDAQ:RNRG) Short Interest Update

Global X Renewable Energy Producers ETF (NASDAQ:RNRG) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totalling 1,800 shares, a decline of 98.6% from the March 15th total of 132,300 shares. Based on an average daily volume of 22,000 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Global X Renewable Energy Producers ETF Trading Up 0.8 %

NASDAQ RNRG traded up $0.07 on Monday, hitting $8.49. 23,399 shares of the company’s stock were exchanged, compared to its average volume of 14,174. The stock has a 50-day moving average of $8.46 and a 200-day moving average of $8.97. The stock has a market cap of $22.84 million, a price-to-earnings ratio of 15.62 and a beta of 0.78. Global X Renewable Energy Producers ETF has a 52 week low of $7.30 and a 52 week high of $10.95.

Institutional Trading of Global X Renewable Energy Producers ETF

Several institutional investors and hedge funds have recently modified their holdings of RNRG. Envestnet Asset Management Inc. grew its holdings in shares of Global X Renewable Energy Producers ETF by 14.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 14,026 shares of the company’s stock valued at $122,000 after purchasing an additional 1,749 shares during the last quarter. Tempus Wealth Planning LLC boosted its holdings in Global X Renewable Energy Producers ETF by 20.6% in the fourth quarter. Tempus Wealth Planning LLC now owns 51,966 shares of the company’s stock valued at $451,000 after acquiring an additional 8,863 shares during the last quarter. Natural Investments LLC acquired a new stake in Global X Renewable Energy Producers ETF during the 4th quarter worth about $960,000. Jane Street Group LLC raised its position in shares of Global X Renewable Energy Producers ETF by 552.8% in the 3rd quarter. Jane Street Group LLC now owns 121,219 shares of the company’s stock worth $1,289,000 after acquiring an additional 102,650 shares in the last quarter. Finally, Focus Partners Wealth lifted its stake in shares of Global X Renewable Energy Producers ETF by 74.3% in the 4th quarter. Focus Partners Wealth now owns 177,373 shares of the company’s stock valued at $1,540,000 after purchasing an additional 75,599 shares during the period.

Global X Renewable Energy Producers ETF Company Profile

The Global X Renewable Energy Producers ETF (RNRG) is an exchange-traded fund that is based on the Indxx Renewable Energy Producers index, a market-cap-weighted index of global renewable energy companies including YieldCos. RNRG was launched on May 28, 2015 and is managed by Global X.