First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Short Interest Update

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 185,471 shares, a growth of 80.3% from the July 30th total of 102,888 shares. Approximately 1.5% of the shares of the company are sold short. Based on an average daily volume of 194,866 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Comerica Bank increased its holdings in First Trust NASDAQ Clean Edge Green Energy Index Fund by 18.7% in the 1st quarter. Comerica Bank now owns 3,367 shares of the company’s stock worth $96,000 after acquiring an additional 530 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 26.3% in the first quarter. Goldman Sachs Group Inc. now owns 44,063 shares of the company’s stock worth $1,261,000 after purchasing an additional 9,175 shares during the period. Jane Street Group LLC boosted its position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 4.8% in the first quarter. Jane Street Group LLC now owns 44,725 shares of the company’s stock worth $1,280,000 after purchasing an additional 2,029 shares during the period. Focus Partners Wealth purchased a new stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund in the first quarter worth $230,000. Finally, NewEdge Advisors LLC increased its stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 7.7% in the second quarter. NewEdge Advisors LLC now owns 19,861 shares of the company’s stock worth $649,000 after purchasing an additional 1,427 shares in the last quarter.

First Trust NASDAQ Clean Edge Green Energy Index Fund Trading Down 0.3%

First Trust NASDAQ Clean Edge Green Energy Index Fund stock traded down $0.16 during trading on Monday, reaching $48.73. The company had a trading volume of 57,433 shares, compared to its average volume of 171,304. The firm has a market capitalization of $584.76 million, a price-to-earnings ratio of 23.20 and a beta of 1.64. The firm’s 50-day simple moving average is $53.49 and its 200 day simple moving average is $54.15. First Trust NASDAQ Clean Edge Green Energy Index Fund has a 52 week low of $36.69 and a 52 week high of $69.20.

About First Trust NASDAQ Clean Edge Green Energy Index Fund

First Trust NASDAQ Clean Edge Green Energy Index Fund (the Fund), formerly First Trust NASDAQ Clean Edge U.S. Liquid Series Index Fund, seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ Clean Edge Green Energy Index (the Index) (formerly NASDAQ Clean Edge U.S. Liquid Series Index). The Index is an equity index designed to track the performance of clean energy companies that are publicly traded in the United States, and includes companies engaged in the manufacturing, development, distribution and installation of clean-energy technologies, including, but not limited to, solar photovoltaics, biofuels and advanced batteries.