TrueShares Eagle Global Renewable Energy Income ETF (NYSEARCA:RNWZ) Short Interest Down 49.9% in April

TrueShares Eagle Global Renewable Energy Income ETF (NYSEARCA:RNWZ) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 419 shares, a decline of 49.9% from the April 15th total of 837 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 687 shares, the short-interest ratio is currently 0.6 days.

TrueShares Eagle Global Renewable Energy Income ETF Stock Performance

Shares of NYSEARCA:RNWZ traded down $0.87 during trading on Friday, reaching $31.42. The stock had a trading volume of 521 shares, compared to its average volume of 2,455. The business has a fifty day moving average price of $32.08 and a 200-day moving average price of $29.76. The stock has a market cap of $3.77 million, a PE ratio of 13.55 and a beta of 0.52. TrueShares Eagle Global Renewable Energy Income ETF has a 1-year low of $22.44 and a 1-year high of $33.54.

TrueShares Eagle Global Renewable Energy Income ETF Company Profile

The TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks long-term capital growth by actively managing a portfolio of renewable energy infrastructure companies from across the globe. RNWZ was launched on Dec 8, 2022 and is managed by TrueShares.