Global X Renewable Energy Producers ETF (NASDAQ:RNRG) Short Interest Update

Global X Renewable Energy Producers ETF (NASDAQ:RNRG) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 5,300 shares, an increase of 2,550.0% from the December 15th total of 200 shares. Based on an average daily trading volume, of 14,900 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Global X Renewable Energy Producers ETF stock. Tempus Wealth Planning LLC grew its stake in shares of Global X Renewable Energy Producers ETF (NASDAQ:RNRG) by 4.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 43,103 shares of the company’s stock after buying an additional 1,751 shares during the period. Tempus Wealth Planning LLC owned 1.24% of Global X Renewable Energy Producers ETF worth $458,000 at the end of the most recent reporting period.

Global X Renewable Energy Producers ETF Price Performance

RNRG traded down $0.01 during trading on Tuesday, reaching $8.48. 19,605 shares of the stock were exchanged, compared to its average volume of 9,326. The company has a market capitalization of $27.81 million, a price-to-earnings ratio of 17.81 and a beta of 0.78. Global X Renewable Energy Producers ETF has a 1 year low of $8.42 and a 1 year high of $10.95. The business’s 50 day moving average price is $9.02 and its two-hundred day moving average price is $9.85.

Global X Renewable Energy Producers ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were given a dividend of $0.0615 per share. The ex-dividend date was Monday, December 30th.

Global X Renewable Energy Producers ETF Company Profile

The Global X Renewable Energy Producers ETF (RNRG) is an exchange-traded fund that is based on the Indxx Renewable Energy Producers index, a market-cap-weighted index of global renewable energy companies including YieldCos. RNRG was launched on May 28, 2015 and is managed by Global X.