Short Interest in ALPS Clean Energy ETF (NYSEARCA:ACES) Grows By 85.8%

ALPS Clean Energy ETF (NYSEARCA:ACES) was the target of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 6,723 shares, a growth of 85.8% from the January 15th total of 3,619 shares. Based on an average daily trading volume, of 56,299 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 56,299 shares, the short-interest ratio is presently 0.1 days.

ALPS Clean Energy ETF Stock Up 2.9%

ACES stock traded up $1.00 during midday trading on Friday, reaching $35.35. The company’s stock had a trading volume of 60,399 shares, compared to its average volume of 49,736. The stock has a market cap of $116.66 million, a PE ratio of 21.11 and a beta of 1.46. The business’s 50-day simple moving average is $34.60 and its 200-day simple moving average is $32.68. ALPS Clean Energy ETF has a 52 week low of $19.92 and a 52 week high of $37.57.

Institutional Investors Weigh In On ALPS Clean Energy ETF

A number of institutional investors have recently modified their holdings of ACES. Northwestern Mutual Wealth Management Co. boosted its stake in shares of ALPS Clean Energy ETF by 9,621.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,128,585 shares of the company’s stock valued at $69,009,000 after buying an additional 2,106,690 shares during the period. CIBC Private Wealth Group LLC lifted its position in shares of ALPS Clean Energy ETF by 10.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,262,174 shares of the company’s stock valued at $40,920,000 after acquiring an additional 122,552 shares during the period. CIBC Bancorp USA Inc. acquired a new stake in shares of ALPS Clean Energy ETF during the 3rd quarter worth $36,382,000. Flow Traders U.S. LLC acquired a new stake in shares of ALPS Clean Energy ETF during the 2nd quarter worth $3,920,000. Finally, Jane Street Group LLC bought a new position in shares of ALPS Clean Energy ETF in the second quarter worth $2,502,000.

ALPS Clean Energy ETF Company Profile

The ALPS Clean Energy ETF (ACES) is an exchange-traded fund that is based on the CIBC Atlas Clean Energy index. The fund tracks an index of US- and Canada-listed companies in the clean energy industry. ACES was launched on Jun 29, 2018 and is managed by ALPS.