First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Short Interest Down 51.2% in June

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 78,267 shares, a decline of 51.2% from the May 31st total of 160,357 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 250,273 shares, the short-interest ratio is presently 0.3 days.

First Trust NASDAQ Clean Edge Green Energy Index Fund Stock Down 4.0%

Shares of NASDAQ QCLN traded down $2.38 during mid-day trading on Thursday, reaching $57.27. 107,310 shares of the company were exchanged, compared to its average volume of 155,000. The stock has a market cap of $781.72 million, a price-to-earnings ratio of 23.20 and a beta of 1.62. First Trust NASDAQ Clean Edge Green Energy Index Fund has a 1 year low of $33.62 and a 1 year high of $69.20. The firm has a 50-day moving average of $61.27 and a 200 day moving average of $52.92.

Institutional Trading of First Trust NASDAQ Clean Edge Green Energy Index Fund

Several hedge funds have recently modified their holdings of the company. Parallel Advisors LLC boosted its holdings in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 31.4% in the 1st quarter. Parallel Advisors LLC now owns 795 shares of the company’s stock valued at $37,000 after buying an additional 190 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 0.8% during the 1st quarter. NewEdge Advisors LLC now owns 23,672 shares of the company’s stock worth $1,100,000 after acquiring an additional 183 shares in the last quarter. Evelyn Partners Asset Management Ltd raised its stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 6.0% during the 1st quarter. Evelyn Partners Asset Management Ltd now owns 4,460 shares of the company’s stock worth $207,000 after acquiring an additional 251 shares in the last quarter. Forty three Eighteen Advisors LLC purchased a new stake in First Trust NASDAQ Clean Edge Green Energy Index Fund during the first quarter valued at approximately $1,483,000. Finally, Nwam LLC lifted its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 5.2% during the first quarter. Nwam LLC now owns 19,946 shares of the company’s stock valued at $927,000 after acquiring an additional 982 shares during the last quarter.

First Trust NASDAQ Clean Edge Green Energy Index Fund Company Profile

First Trust NASDAQ Clean Edge Green Energy Index Fund (the Fund), formerly First Trust NASDAQ Clean Edge U.S. Liquid Series Index Fund, seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ Clean Edge Green Energy Index (the Index) (formerly NASDAQ Clean Edge U.S. Liquid Series Index). The Index is an equity index designed to track the performance of clean energy companies that are publicly traded in the United States, and includes companies engaged in the manufacturing, development, distribution and installation of clean-energy technologies, including, but not limited to, solar photovoltaics, biofuels and advanced batteries.