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 large increase in short interest in the month of March. As of March 31st, there was short interest totaling 20,699 shares, an increase of 55.1% from the March 15th total of 13,349 shares. Currently, 1.0% of the company’s stock are sold short. Based on an average daily trading volume, of 7,518 shares, the days-to-cover ratio is currently 2.8 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in CNRG. Raymond James Financial Inc. bought a new stake in shares of SPDR S&P Kensho Clean Power ETF in the 2nd quarter worth approximately $189,000. Ameriprise Financial Inc. lifted its holdings in shares of SPDR S&P Kensho Clean Power ETF by 5.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 48,401 shares of the company’s stock worth $2,876,000 after purchasing an additional 2,554 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in shares of SPDR S&P Kensho Clean Power ETF by 10.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,849 shares of the company’s stock worth $109,000 after purchasing an additional 176 shares during the last quarter. Advisors Preferred LLC bought a new stake in shares of SPDR S&P Kensho Clean Power ETF in the 3rd quarter worth approximately $224,000. Finally, Two Sigma Investments LP bought a new stake in shares of SPDR S&P Kensho Clean Power ETF in the 3rd quarter worth approximately $665,000.

SPDR S&P Kensho Clean Power ETF Stock Down 0.7%

Shares of NYSEARCA CNRG opened at $96.34 on Thursday. SPDR S&P Kensho Clean Power ETF has a fifty-two week low of $45.16 and a fifty-two week high of $106.94. The business has a 50 day moving average price of $94.53 and a two-hundred day moving average price of $94.81. The firm has a market cap of $206.17 million, a PE ratio of 20.46 and a beta of 1.31.

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.