TrueShares Eagle Global Renewable Energy Income ETF (NYSEARCA:RNWZ) Sees Significant Decline in Short Interest

TrueShares Eagle Global Renewable Energy Income ETF (NYSEARCA:RNWZ) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 337 shares, a drop of 77.6% from the June 15th total of 1,506 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 875 shares, the short-interest ratio is currently 0.4 days.

TrueShares Eagle Global Renewable Energy Income ETF Price Performance

Shares of TrueShares Eagle Global Renewable Energy Income ETF stock remained flat at $30.96 during trading hours on Friday. The company’s stock had a trading volume of 183 shares, compared to its average volume of 2,044. The company has a market capitalization of $5.88 million, a price-to-earnings ratio of 13.55 and a beta of 0.48. The business’s 50 day moving average is $31.73 and its 200 day moving average is $30.92. TrueShares Eagle Global Renewable Energy Income ETF has a 1-year low of $22.44 and a 1-year high of $33.54.

TrueShares Eagle Global Renewable Energy Income ETF Company Profile

The TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks long-term capital growth by actively managing a portfolio of renewable energy infrastructure companies from across the globe. RNWZ was launched on Dec 8, 2022 and is managed by TrueShares.