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 growth in short interest during the month of July. As of July 15th, there was short interest totaling 8,841 shares, a growth of 872.6% from the June 30th total of 909 shares. Based on an average trading volume of 10,796 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.4% of the company’s shares are sold short.

SPDR S&P Kensho Clean Power ETF Stock Performance

Shares of NYSEARCA CNRG opened at $92.04 on Friday. SPDR S&P Kensho Clean Power ETF has a 52-week low of $65.10 and a 52-week high of $125.76. The stock has a market cap of $199.73 million, a P/E ratio of 20.46 and a beta of 1.41. The firm has a 50 day moving average price of $108.71 and a 200 day moving average price of $101.35.

Hedge Funds Weigh In On SPDR S&P Kensho Clean Power ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AdvisorNet Financial Inc lifted its position in SPDR S&P Kensho Clean Power ETF by 70.3% during the 1st quarter. AdvisorNet Financial Inc now owns 395 shares of the company’s stock worth $36,000 after buying an additional 163 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in SPDR S&P Kensho Clean Power ETF by 10.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,849 shares of the company’s stock valued at $109,000 after purchasing an additional 176 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of SPDR S&P Kensho Clean Power ETF by 6.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 5,380 shares of the company’s stock worth $481,000 after buying an additional 343 shares during the period. Advisors Preferred LLC grew its position in shares of SPDR S&P Kensho Clean Power ETF by 109.8% in the first quarter. Advisors Preferred LLC now owns 831 shares of the company’s stock valued at $75,000 after purchasing an additional 435 shares during the last quarter. Finally, Wealthfront Advisers LLC increased its position in SPDR S&P Kensho Clean Power ETF by 18.0% during the 1st quarter. Wealthfront Advisers LLC now owns 3,582 shares of the company’s stock worth $324,000 after buying an additional 546 shares during the period.

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.