Virtus Duff & Phelps Clean Energy ETF (NYSEARCA:VCLN) Sees Large Drop in Short Interest

Virtus Duff & Phelps Clean Energy ETF (NYSEARCA:VCLN) saw a significant drop in short interest in January. As of January 15th, there was short interest totaling 3,339 shares, a drop of 30.6% from the December 31st total of 4,813 shares. Approximately 1.7% of the shares of the company are short sold. Based on an average trading volume of 5,058 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 5,058 shares, the days-to-cover ratio is currently 0.7 days. Approximately 1.7% of the shares of the company are short sold.

Virtus Duff & Phelps Clean Energy ETF Stock Down 1.8%

Shares of NYSEARCA:VCLN traded down $0.53 during trading on Friday, hitting $28.26. 975 shares of the stock traded hands, compared to its average volume of 3,234. The company has a fifty day moving average price of $26.58 and a two-hundred day moving average price of $24.36. Virtus Duff & Phelps Clean Energy ETF has a 52-week low of $15.12 and a 52-week high of $29.30. The company has a market cap of $5.65 million, a price-to-earnings ratio of 15.85 and a beta of 1.12.

Institutional Trading of Virtus Duff & Phelps Clean Energy ETF

Several hedge funds have recently added to or reduced their stakes in the business. Duff & Phelps Investment Management Co. lifted its holdings in Virtus Duff & Phelps Clean Energy ETF by 175.5% in the second quarter. Duff & Phelps Investment Management Co. now owns 57,575 shares of the company’s stock worth $1,115,000 after purchasing an additional 36,675 shares during the period. Flow Traders U.S. LLC raised its position in Virtus Duff & Phelps Clean Energy ETF by 25.2% in the third quarter. Flow Traders U.S. LLC now owns 17,191 shares of the company’s stock worth $410,000 after acquiring an additional 3,462 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in Virtus Duff & Phelps Clean Energy ETF in the 1st quarter valued at about $198,000.

Virtus Duff & Phelps Clean Energy ETF Company Profile

The Virtus Duff & Phelps Clean Energy ETF (VCLN) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in clean energy companies from around the world. VCLN was launched on Aug 3, 2021 and is managed by Virtus.