VanEck Low Carbon Energy ETF (NYSEARCA:SMOG) Short Interest Down 34.1% in December

VanEck Low Carbon Energy ETF (NYSEARCA:SMOG) saw a large decrease in short interest in December. As of December 15th, there was short interest totaling 83 shares, a decrease of 34.1% from the November 30th total of 126 shares. Based on an average daily trading volume, of 1,082 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,082 shares, the days-to-cover ratio is presently 0.1 days.

VanEck Low Carbon Energy ETF Stock Down 0.6%

VanEck Low Carbon Energy ETF stock opened at $130.77 on Wednesday. The company’s fifty day simple moving average is $132.75 and its 200-day simple moving average is $123.69. VanEck Low Carbon Energy ETF has a 12 month low of $88.51 and a 12 month high of $138.84. The stock has a market cap of $132.08 million, a P/E ratio of 19.47 and a beta of 1.13.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of SMOG. Westfuller Advisors LLC bought a new stake in shares of VanEck Low Carbon Energy ETF in the 3rd quarter valued at approximately $27,000. Atlantic Union Bankshares Corp bought a new stake in VanEck Low Carbon Energy ETF in the third quarter worth approximately $108,000. AE Wealth Management LLC grew its position in VanEck Low Carbon Energy ETF by 140.3% in the third quarter. AE Wealth Management LLC now owns 865 shares of the company’s stock worth $110,000 after acquiring an additional 505 shares in the last quarter. Lakeridge Wealth Management LLC acquired a new position in shares of VanEck Low Carbon Energy ETF during the 2nd quarter worth $212,000. Finally, Citadel Advisors LLC bought a new position in shares of VanEck Low Carbon Energy ETF during the 3rd quarter valued at $222,000.

VanEck Low Carbon Energy ETF Company Profile

The VanEck Low Carbon Energy ETF (SMOG) is an exchange-traded fund that is based on the MVIS Global Low Carbon Energy index, a market-cap-weighted index of companies that focuses specifically on renewable energy SMOG was launched on May 3, 2007 and is managed by VanEck.