Global X Renewable Energy Producers ETF (NASDAQ:RNRG) Short Interest Up 505.1% in February

Global X Renewable Energy Producers ETF (NASDAQ:RNRG) saw a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 11,909 shares, a growth of 505.1% from the February 12th total of 1,968 shares. Based on an average trading volume of 3,592 shares, the days-to-cover ratio is currently 3.3 days. Approximately 1.5% of the company’s stock are sold short. Approximately 1.5% of the company’s stock are sold short. Based on an average trading volume of 3,592 shares, the days-to-cover ratio is currently 3.3 days.

Global X Renewable Energy Producers ETF Trading Up 0.1%

Shares of RNRG opened at $36.13 on Thursday. The firm has a market capitalization of $28.54 million, a price-to-earnings ratio of 15.93 and a beta of 0.88. The firm’s fifty day simple moving average is $35.89 and its 200-day simple moving average is $33.79. Global X Renewable Energy Producers ETF has a twelve month low of $21.90 and a twelve month high of $37.98.

Global X Renewable Energy Producers ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were paid a $0.3741 dividend. The ex-dividend date was Tuesday, December 30th. This represents a yield of 224.0%.

Institutional Trading of Global X Renewable Energy Producers ETF

A number of institutional investors have recently bought and sold shares of the business. CIBC Private Wealth Group LLC purchased a new position in shares of Global X Renewable Energy Producers ETF in the 4th quarter valued at about $25,000. Raymond James Financial Inc. acquired a new position in Global X Renewable Energy Producers ETF in the second quarter valued at approximately $38,000. Jane Street Group LLC acquired a new position in Global X Renewable Energy Producers ETF in the fourth quarter valued at approximately $441,000. Flow Traders U.S. LLC increased its stake in Global X Renewable Energy Producers ETF by 188.4% in the third quarter. Flow Traders U.S. LLC now owns 33,037 shares of the company’s stock valued at $1,052,000 after purchasing an additional 21,582 shares during the last quarter. Finally, Natural Investments LLC purchased a new position in Global X Renewable Energy Producers ETF in the fourth quarter valued at approximately $1,093,000.

Global X Renewable Energy Producers ETF Company Profile

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.