Renaissance International IPO ETF (NYSEARCA:IPOS) Short Interest Update

Renaissance International IPO ETF (NYSEARCA:IPOS) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,042 shares, an increase of 142.3% from the August 15th total of 430 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 2,707 shares, the days-to-cover ratio is currently 0.4 days.

Renaissance International IPO ETF Stock Down 0.5%

NYSEARCA IPOS traded down $0.12 during trading hours on Friday, reaching $22.67. The company’s stock had a trading volume of 1,076 shares, compared to its average volume of 5,015. Renaissance International IPO ETF has a 1 year low of $15.65 and a 1 year high of $26.25. The firm’s 50-day moving average price is $23.29 and its 200-day moving average price is $22.02. The company has a market capitalization of $11.34 million, a price-to-earnings ratio of 27.07 and a beta of 0.79.

Institutional Trading of Renaissance International IPO ETF

A hedge fund recently bought a new position in Renaissance International IPO ETF stock. Cetera Investment Advisers acquired a new stake in shares of Renaissance International IPO ETF (NYSEARCA:IPOS) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 152,976 shares of the company’s stock, valued at approximately $2,789,000. Cetera Investment Advisers owned about 30.60% of Renaissance International IPO ETF as of its most recent SEC filing.

Renaissance International IPO ETF Company Profile

The Renaissance International IPO ETF (IPOS) is an exchange-traded fund that is based on the Renaissance International IPO index. The fund tracks a cap-weighted index of recent IPOs listed internationally. The fund adds an IPO within 90 days of its initial listing. IPOS was launched on Oct 6, 2014 and is managed by Renaissance.