iShares Global Clean Energy ETF (NASDAQ:ICLN) Short Interest Update

iShares Global Clean Energy ETF (NASDAQ:ICLN) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 9,913,210 shares, an increase of 61.2% from the May 14th total of 6,148,963 shares. Based on an average trading volume of 6,586,443 shares, the short-interest ratio is currently 1.5 days. Currently, 8.2% of the shares of the company are sold short.

iShares Global Clean Energy ETF Stock Performance

Shares of NASDAQ ICLN traded down $0.03 during mid-day trading on Tuesday, hitting $21.00. The stock had a trading volume of 914,223 shares, compared to its average volume of 5,740,220. The company has a 50 day moving average of $20.84 and a two-hundred day moving average of $18.83. iShares Global Clean Energy ETF has a twelve month low of $12.55 and a twelve month high of $23.78. The firm has a market cap of $2.54 billion, a PE ratio of 17.16 and a beta of 1.07.

iShares Global Clean Energy ETF Dividend Announcement

The company also recently announced a dividend, which will be paid on Thursday, June 18th. Investors of record on Monday, June 15th will be given a $0.0561 dividend. The ex-dividend date of this dividend is Monday, June 15th.

Institutional Investors Weigh In On iShares Global Clean Energy ETF

Several hedge funds have recently added to or reduced their stakes in ICLN. Baird Financial Group Inc. boosted its stake in shares of iShares Global Clean Energy ETF by 14.4% during the 1st quarter. Baird Financial Group Inc. now owns 11,507 shares of the company’s stock worth $131,000 after acquiring an additional 1,450 shares in the last quarter. Focus Partners Wealth boosted its stake in shares of iShares Global Clean Energy ETF by 51.7% during the 1st quarter. Focus Partners Wealth now owns 75,516 shares of the company’s stock worth $862,000 after acquiring an additional 25,728 shares in the last quarter. Benjamin Edwards Inc. boosted its stake in shares of iShares Global Clean Energy ETF by 20.6% during the 2nd quarter. Benjamin Edwards Inc. now owns 20,841 shares of the company’s stock worth $273,000 after acquiring an additional 3,563 shares in the last quarter. Corient Private Wealth LLC boosted its stake in shares of iShares Global Clean Energy ETF by 56.1% during the 2nd quarter. Corient Private Wealth LLC now owns 54,276 shares of the company’s stock worth $712,000 after acquiring an additional 19,498 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its stake in shares of iShares Global Clean Energy ETF by 87.9% during the 2nd quarter. Geneos Wealth Management Inc. now owns 39,489 shares of the company’s stock worth $518,000 after acquiring an additional 18,477 shares in the last quarter.

iShares Global Clean Energy ETF Company Profile

iShares Global Clean Energy ETF, formerly iShares S&P Global Clean Energy Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Global Clean Energy Index. The S&P Global Clean Energy Index includes clean energy production companies, clean energy equipment and technology providers. The Fund operates in a range of sectors, which include electric utilities, semiconductors and semiconductor equipment, independent power producers and energy traders, commercial services and supplies, and electrical equipment.