Short Interest in TrueShares Eagle Global Renewable Energy Income ETF (NYSEARCA:RNWZ) Drops By 77.6%

TrueShares Eagle Global Renewable Energy Income ETF (NYSEARCA:RNWZ) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 337 shares, a decline of 77.6% from the June 15th total of 1,506 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 875 shares, the short-interest ratio is currently 0.4 days.

TrueShares Eagle Global Renewable Energy Income ETF Price Performance

NYSEARCA:RNWZ remained flat at $30.96 during trading hours on Friday. 183 shares of the company traded hands, compared to its average volume of 2,044. TrueShares Eagle Global Renewable Energy Income ETF has a 1 year low of $22.44 and a 1 year high of $33.54. The stock’s fifty day moving average price is $31.73 and its 200-day moving average price is $30.95. The company has a market capitalization of $5.88 million, a PE ratio of 13.55 and a beta of 0.48.

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.