SPDR S&P Kensho Clean Power ETF (NYSEARCA:CNRG) Short Interest Update

SPDR S&P Kensho Clean Power ETF (NYSEARCA:CNRG) saw a significant drop in short interest in February. As of February 27th, there was short interest totaling 10,298 shares, a drop of 41.8% from the February 12th total of 17,682 shares. Based on an average daily trading volume, of 7,769 shares, the short-interest ratio is presently 1.3 days. Approximately 0.5% of the shares of the stock are short sold. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,769 shares, the short-interest ratio is presently 1.3 days.

Institutional Trading of SPDR S&P Kensho Clean Power ETF

A number of large investors have recently added to or reduced their stakes in the company. Nalls Sherbakoff Group LLC bought a new stake in SPDR S&P Kensho Clean Power ETF during the 4th quarter valued at about $168,000. Cetera Investment Advisers lifted its holdings in shares of SPDR S&P Kensho Clean Power ETF by 22.3% during the 4th quarter. Cetera Investment Advisers now owns 3,062 shares of the company’s stock valued at $274,000 after purchasing an additional 559 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of SPDR S&P Kensho Clean Power ETF by 5.8% in the fourth quarter. Royal Bank of Canada now owns 15,344 shares of the company’s stock worth $1,372,000 after buying an additional 837 shares during the last quarter. Sargent Investment Group LLC acquired a new stake in SPDR S&P Kensho Clean Power ETF during the 4th quarter worth about $217,000. Finally, Kestra Advisory Services LLC acquired a new stake in SPDR S&P Kensho Clean Power ETF during the 4th quarter valued at approximately $113,000.

SPDR S&P Kensho Clean Power ETF Trading Down 0.2%

NYSEARCA CNRG traded down $0.14 during trading on Friday, hitting $91.38. The company had a trading volume of 1,589 shares, compared to its average volume of 7,120. SPDR S&P Kensho Clean Power ETF has a one year low of $43.34 and a one year high of $106.94. The company’s fifty day moving average is $97.17 and its 200-day moving average is $92.44. The company has a market cap of $190.98 million, a price-to-earnings ratio of 20.46 and a beta of 1.34.

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.