SPDR S&P Kensho Clean Power ETF (NYSEARCA:CNRG) Short Interest Update

SPDR S&P Kensho Clean Power ETF (NYSEARCA:CNRG) was the target of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 10,298 shares, a decline of 41.8% from the February 12th total of 17,682 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily volume of 7,769 shares, the short-interest ratio is currently 1.3 days. Based on an average daily volume of 7,769 shares, the short-interest ratio is currently 1.3 days. Approximately 0.5% of the company’s shares are sold short.

Institutional Investors Weigh In On SPDR S&P Kensho Clean Power ETF

A number of large investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. boosted its holdings in SPDR S&P Kensho Clean Power ETF by 6.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 5,380 shares of the company’s stock valued at $481,000 after purchasing an additional 343 shares during the last quarter. Banco Santander S.A. bought a new position in SPDR S&P Kensho Clean Power ETF during the 4th quarter valued at $283,000. Cetera Investment Advisers grew its holdings in SPDR S&P Kensho Clean Power ETF by 22.3% during the 4th quarter. Cetera Investment Advisers now owns 3,062 shares of the company’s stock worth $274,000 after acquiring an additional 559 shares in the last quarter. Tocqueville Asset Management L.P. bought a new stake in shares of SPDR S&P Kensho Clean Power ETF in the 4th quarter worth about $264,000. Finally, Creative Planning bought a new stake in shares of SPDR S&P Kensho Clean Power ETF in the 3rd quarter worth about $251,000.

SPDR S&P Kensho Clean Power ETF Price Performance

Shares of CNRG stock opened at $92.82 on Thursday. The firm has a market cap of $193.99 million, a P/E ratio of 20.46 and a beta of 1.34. The firm’s 50-day simple moving average is $97.19 and its 200-day simple moving average is $92.19. SPDR S&P Kensho Clean Power ETF has a 1-year low of $43.34 and a 1-year high of $106.94.

SPDR S&P Kensho Clean Power ETF Company Profile

The SPDR Kensho Clean Power ETF (CNRG) is an exchange-traded fund that is based on the S&P Kensho Clean Power index. The fund tracks a tier-weighted index of US equities associated with the clean power sector. CNRG was launched on Oct 22, 2018 and is managed by State Street.