SPDR S&P Kensho Clean Power ETF (NYSEARCA:CNRG) Short Interest Update

SPDR S&P Kensho Clean Power ETF (NYSEARCA:CNRG) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 33,994 shares, a growth of 209.7% from the April 30th total of 10,976 shares. Based on an average trading volume of 15,223 shares, the short-interest ratio is presently 2.2 days. Approximately 1.6% of the shares of the stock are short sold.

Institutional Trading of SPDR S&P Kensho Clean Power ETF

A number of large investors have recently bought and sold shares of CNRG. Matthew Goff Investment Advisor LLC bought a new stake in SPDR S&P Kensho Clean Power ETF in the first quarter valued at $19,359,000. Lido Advisors LLC bought a new stake in SPDR S&P Kensho Clean Power ETF in the third quarter valued at $3,208,000. Bank of America Corp DE grew its position in SPDR S&P Kensho Clean Power ETF by 19.4% in the third quarter. Bank of America Corp DE now owns 73,702 shares of the company’s stock valued at $6,204,000 after acquiring an additional 11,957 shares during the period. Two Sigma Investments LP bought a new stake in SPDR S&P Kensho Clean Power ETF in the third quarter valued at $665,000. Finally, Northbridge Financial Group LLC bought a new stake in SPDR S&P Kensho Clean Power ETF in the fourth quarter valued at $536,000.

SPDR S&P Kensho Clean Power ETF Price Performance

Shares of NYSEARCA:CNRG opened at $121.77 on Friday. The business’s fifty day moving average price is $101.57 and its two-hundred day moving average price is $97.58. SPDR S&P Kensho Clean Power ETF has a fifty-two week low of $54.52 and a fifty-two week high of $123.37. The stock has a market capitalization of $260.59 million, a price-to-earnings ratio of 20.46 and a beta of 1.37.

SPDR S&P Kensho Clean Power ETF Company Profile

The SPDR Kensho Clean Power ETF (CNRG) is an exchange-traded fund that is based on the S&P Kensho Clean Power index. The fund tracks a tier-weighted index of US equities associated with the clean power sector. CNRG was launched on Oct 22, 2018 and is managed by State Street.