Global X Renewable Energy Producers ETF (NASDAQ:RNRG) Short Interest Update

Global X Renewable Energy Producers ETF (NASDAQ:RNRG) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 5,300 shares, a growth of 2,550.0% from the December 31st total of 200 shares. Based on an average daily volume of 14,900 shares, the days-to-cover ratio is currently 0.4 days.

Global X Renewable Energy Producers ETF Price Performance

Shares of NASDAQ:RNRG traded down $0.01 during trading on Wednesday, hitting $8.43. 4,364 shares of the company were exchanged, compared to its average volume of 13,907. Global X Renewable Energy Producers ETF has a 52-week low of $8.40 and a 52-week high of $10.95. The stock has a 50 day moving average of $8.86 and a 200 day moving average of $9.72. The company has a market cap of $27.66 million, a PE ratio of 17.81 and a beta of 0.78.

Global X Renewable Energy Producers ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were paid a $0.0615 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Investors Weigh In On Global X Renewable Energy Producers ETF

A hedge fund recently raised its stake in Global X Renewable Energy Producers ETF stock. Jane Street Group LLC raised its position in Global X Renewable Energy Producers ETF (NASDAQ:RNRG) by 552.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 121,219 shares of the company’s stock after purchasing an additional 102,650 shares during the period. Jane Street Group LLC owned 3.47% of Global X Renewable Energy Producers ETF worth $1,289,000 at the end of the most recent reporting period.

About Global X Renewable Energy Producers ETF

The Global X Renewable Energy Producers ETF (RNRG) is an exchange-traded fund that is based on the Indxx Renewable Energy Producers index, a market-cap-weighted index of global renewable energy companies including YieldCos. RNRG was launched on May 28, 2015 and is managed by Global X.