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

Global X Renewable Energy Producers ETF (NASDAQ:RNRG) saw a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 300 shares, a drop of 75.0% from the January 15th total of 1,200 shares. Based on an average daily volume of 19,300 shares, the short-interest ratio is currently 0.0 days.

Global X Renewable Energy Producers ETF Stock Up 0.1 %

Shares of RNRG stock traded up $0.01 on Wednesday, reaching $8.35. 18,572 shares of the stock were exchanged, compared to its average volume of 16,938. The stock has a market cap of $27.39 million, a P/E ratio of 17.81 and a beta of 0.78. The firm has a 50 day moving average of $8.69 and a two-hundred day moving average of $9.59. Global X Renewable Energy Producers ETF has a 1-year low of $8.23 and a 1-year high of $10.95.

Global X Renewable Energy Producers ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were paid a $0.0615 dividend. The ex-dividend date was Monday, December 30th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Tempus Wealth Planning LLC raised its holdings in shares of Global X Renewable Energy Producers ETF by 4.2% during the 3rd quarter. Tempus Wealth Planning LLC now owns 43,103 shares of the company’s stock valued at $458,000 after buying an additional 1,751 shares during the period. Jane Street Group LLC grew its position in Global X Renewable Energy Producers ETF by 552.8% in the third quarter. Jane Street Group LLC now owns 121,219 shares of the company’s stock valued at $1,289,000 after acquiring an additional 102,650 shares in the last quarter. Finally, Natural Investments LLC purchased a new stake in shares of Global X Renewable Energy Producers ETF during the fourth quarter valued at approximately $960,000.

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.