VanEck Low Carbon Energy ETF (NYSEARCA:SMOG) Short Interest Down 40.8% in February

VanEck Low Carbon Energy ETF (NYSEARCA:SMOG) was the target of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 308 shares, a decrease of 40.8% from the January 29th total of 520 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,239 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 1,239 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

VanEck Low Carbon Energy ETF Stock Performance

VanEck Low Carbon Energy ETF stock traded down $0.97 during midday trading on Friday, reaching $141.84. The stock had a trading volume of 945 shares, compared to its average volume of 1,129. VanEck Low Carbon Energy ETF has a twelve month low of $88.51 and a twelve month high of $144.91. The stock has a market capitalization of $139.00 million, a PE ratio of 19.47 and a beta of 1.13. The stock’s 50-day simple moving average is $136.76 and its 200 day simple moving average is $131.01.

Hedge Funds Weigh In On VanEck Low Carbon Energy ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Jane Street Group LLC increased its position in VanEck Low Carbon Energy ETF by 14.0% during the 1st quarter. Jane Street Group LLC now owns 22,647 shares of the company’s stock worth $2,290,000 after purchasing an additional 2,785 shares in the last quarter. Ameriprise Financial Inc. grew its stake in VanEck Low Carbon Energy ETF by 1.1% during the second quarter. Ameriprise Financial Inc. now owns 21,513 shares of the company’s stock worth $2,366,000 after buying an additional 236 shares during the period. JNBA Financial Advisors increased its position in shares of VanEck Low Carbon Energy ETF by 7.2% in the third quarter. JNBA Financial Advisors now owns 6,941 shares of the company’s stock worth $882,000 after acquiring an additional 464 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of VanEck Low Carbon Energy ETF by 29.0% in the fourth quarter. Wells Fargo & Company MN now owns 5,573 shares of the company’s stock worth $722,000 after acquiring an additional 1,253 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in shares of VanEck Low Carbon Energy ETF by 1.6% in the 4th quarter. Royal Bank of Canada now owns 4,868 shares of the company’s stock valued at $630,000 after acquiring an additional 75 shares during the period.

About VanEck Low Carbon Energy ETF

The VanEck Low Carbon Energy ETF (SMOG) is an exchange-traded fund that is based on the MVIS Global Low Carbon Energy index, a market-cap-weighted index of companies that focuses specifically on renewable energy SMOG was launched on May 3, 2007 and is managed by VanEck.