Short Interest in First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Rises By 34.9%

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 152,600 shares, an increase of 34.9% from the August 15th total of 113,100 shares. Based on an average daily trading volume, of 68,900 shares, the short-interest ratio is currently 2.2 days. Approximately 1.3% of the company’s shares are short sold. Approximately 1.3% of the company’s shares are short sold. Based on an average daily trading volume, of 68,900 shares, the short-interest ratio is currently 2.2 days.

First Trust NASDAQ Clean Edge Green Energy Index Fund Stock Up 2.2%

NASDAQ QCLN opened at $41.27 on Friday. The company has a 50-day simple moving average of $36.91 and a two-hundred day simple moving average of $32.37. First Trust NASDAQ Clean Edge Green Energy Index Fund has a 12-month low of $24.02 and a 12-month high of $41.45. The firm has a market cap of $495.24 million, a price-to-earnings ratio of 23.20 and a beta of 1.49.

First Trust NASDAQ Clean Edge Green Energy Index Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Thursday, June 26th were given a dividend of $0.0174 per share. This represents a $0.07 annualized dividend and a yield of 0.2%. The ex-dividend date was Thursday, June 26th.

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

A number of institutional investors have recently modified their holdings of QCLN. Jane Street Group LLC boosted its holdings in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 97.5% during the fourth quarter. Jane Street Group LLC now owns 42,696 shares of the company’s stock worth $1,449,000 after purchasing an additional 21,079 shares during the period. D. E. Shaw & Co. Inc. boosted its holdings in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 57.1% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 63,515 shares of the company’s stock worth $2,155,000 after purchasing an additional 23,093 shares during the period. GTS Securities LLC boosted its holdings in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 98.6% during the fourth quarter. GTS Securities LLC now owns 41,195 shares of the company’s stock worth $1,398,000 after purchasing an additional 20,455 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund during the fourth quarter worth about $340,000. Finally, NBC Securities Inc. boosted its holdings in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 145,650.0% during the first quarter. NBC Securities Inc. now owns 2,915 shares of the company’s stock worth $83,000 after purchasing an additional 2,913 shares during the period.

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.