iShares Global Clean Energy ETF (NASDAQ:ICLN) Short Interest Update

iShares Global Clean Energy ETF (NASDAQ:ICLN) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 5,641,100 shares, a drop of 43.1% from the May 31st total of 9,913,210 shares. Based on an average daily volume of 5,584,265 shares, the short-interest ratio is currently 1.0 days. Currently, 4.7% of the shares of the company are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Nalls Sherbakoff Group LLC bought a new stake in iShares Global Clean Energy ETF in the 4th quarter valued at $25,000. Bartlett & CO. Wealth Management LLC bought a new position in iShares Global Clean Energy ETF during the fourth quarter worth $28,000. Triumph Capital Management bought a new position in iShares Global Clean Energy ETF during the third quarter worth $29,000. Richards Merrill & Peterson Inc. acquired a new position in shares of iShares Global Clean Energy ETF in the first quarter valued at $31,000. Finally, Y.D. More Investments Ltd increased its holdings in shares of iShares Global Clean Energy ETF by 142.9% in the first quarter. Y.D. More Investments Ltd now owns 1,700 shares of the company’s stock valued at $31,000 after purchasing an additional 1,000 shares during the last quarter.

iShares Global Clean Energy ETF Stock Performance

iShares Global Clean Energy ETF stock traded down $0.31 during midday trading on Wednesday, reaching $20.18. 6,278,739 shares of the company’s stock were exchanged, compared to its average volume of 5,780,455. iShares Global Clean Energy ETF has a 52 week low of $13.27 and a 52 week high of $23.78. The firm has a market cap of $2.44 billion, a price-to-earnings ratio of 17.16 and a beta of 1.07. The stock’s 50-day simple moving average is $21.23 and its 200 day simple moving average is $19.12.

iShares Global Clean Energy ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $0.0561 dividend. The ex-dividend date was Monday, June 15th.

About iShares Global Clean Energy ETF

iShares Global Clean Energy ETF, formerly iShares S&P Global Clean Energy Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Global Clean Energy Index. The S&P Global Clean Energy Index includes clean energy production companies, clean energy equipment and technology providers. The Fund operates in a range of sectors, which include electric utilities, semiconductors and semiconductor equipment, independent power producers and energy traders, commercial services and supplies, and electrical equipment.