Global X Renewable Energy Producers ETF (NASDAQ:RNRG) Short Interest Down 50.0% in September

Global X Renewable Energy Producers ETF (NASDAQ:RNRGGet Free Report) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 100 shares, a drop of 50.0% from the September 15th total of 200 shares. Based on an average trading volume of 2,500 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 2,500 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of Global X Renewable Energy Producers ETF

A number of large investors have recently modified their holdings of RNRG. Wayfinding Financial LLC bought a new stake in shares of Global X Renewable Energy Producers ETF during the 1st quarter valued at about $28,000. Flow Traders U.S. LLC boosted its position in shares of Global X Renewable Energy Producers ETF by 38.3% during the 1st quarter. Flow Traders U.S. LLC now owns 93,298 shares of the company’s stock valued at $766,000 after acquiring an additional 25,855 shares during the last quarter. OLD Mission Capital LLC bought a new stake in shares of Global X Renewable Energy Producers ETF during the 1st quarter valued at about $94,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Global X Renewable Energy Producers ETF by 5.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 154,698 shares of the company’s stock valued at $1,270,000 after acquiring an additional 7,895 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in Global X Renewable Energy Producers ETF in the 1st quarter worth approximately $963,000.

Global X Renewable Energy Producers ETF Trading Down 1.2%

Shares of RNRG opened at $33.17 on Wednesday. The company has a market cap of $27.20 million, a PE ratio of 15.93 and a beta of 0.78. The stock has a 50-day moving average price of $31.45 and a 200-day moving average price of $29.24. Global X Renewable Energy Producers ETF has a 12-month low of $21.90 and a 12-month high of $33.86.

About Global X Renewable Energy Producers ETF

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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.

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