SPDR S&P Kensho Clean Power ETF (NYSEARCA:CNRG) Short Interest Down 69.5% in June

SPDR S&P Kensho Clean Power ETF (NYSEARCA:CNRG) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 909 shares, a decrease of 69.5% from the June 15th total of 2,984 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 11,851 shares, the short-interest ratio is currently 0.1 days.

SPDR S&P Kensho Clean Power ETF Price Performance

Shares of CNRG stock traded up $2.75 during trading hours on Tuesday, reaching $101.00. 6,402 shares of the company traded hands, compared to its average volume of 9,720. The company has a market cap of $222.20 million, a P/E ratio of 20.46 and a beta of 1.41. SPDR S&P Kensho Clean Power ETF has a 12-month low of $64.30 and a 12-month high of $125.76. The firm has a 50-day moving average price of $110.83 and a 200 day moving average price of $101.12.

Institutional Trading of SPDR S&P Kensho Clean Power ETF

Several hedge funds have recently made changes to their positions in the business. AdvisorNet Financial Inc raised its position in SPDR S&P Kensho Clean Power ETF by 70.3% in the 1st quarter. AdvisorNet Financial Inc now owns 395 shares of the company’s stock worth $36,000 after purchasing an additional 163 shares during the period. Advisors Preferred LLC grew its holdings in SPDR S&P Kensho Clean Power ETF by 109.8% during the 1st quarter. Advisors Preferred LLC now owns 831 shares of the company’s stock worth $75,000 after acquiring an additional 435 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in SPDR S&P Kensho Clean Power ETF during the fourth quarter valued at approximately $113,000. Osaic Holdings Inc. raised its position in shares of SPDR S&P Kensho Clean Power ETF by 10.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,849 shares of the company’s stock worth $109,000 after acquiring an additional 176 shares in the last quarter. Finally, Nalls Sherbakoff Group LLC bought a new position in SPDR S&P Kensho Clean Power ETF in the fourth quarter worth about $168,000.

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.