SPDR S&P Kensho Clean Power ETF (NYSEARCA:CNRG) Short Interest Update

SPDR S&P Kensho Clean Power ETF (NYSEARCA:CNRG) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 22,816 shares, a growth of 158.1% from the July 15th total of 8,841 shares. Approximately 1.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 12,160 shares, the short-interest ratio is presently 1.9 days.

SPDR S&P Kensho Clean Power ETF Trading Up 1.1%

Shares of CNRG opened at $96.15 on Friday. The business’s 50-day moving average price is $101.53 and its 200 day moving average price is $101.02. The stock has a market capitalization of $208.65 million, a P/E ratio of 20.46 and a beta of 1.44. SPDR S&P Kensho Clean Power ETF has a 1-year low of $67.81 and a 1-year high of $125.76.

Institutional Trading of SPDR S&P Kensho Clean Power ETF

A number of hedge funds have recently made changes to their positions in the stock. AdvisorNet Financial Inc raised its holdings in shares of SPDR S&P Kensho Clean Power ETF by 70.3% during the first quarter. AdvisorNet Financial Inc now owns 395 shares of the company’s stock worth $36,000 after acquiring an additional 163 shares in the last quarter. Advisors Preferred LLC grew its stake in SPDR S&P Kensho Clean Power ETF by 109.8% in the first quarter. Advisors Preferred LLC now owns 831 shares of the company’s stock valued at $75,000 after purchasing an additional 435 shares in the last quarter. Osaic Holdings Inc. increased its position in SPDR S&P Kensho Clean Power ETF by 10.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,849 shares of the company’s stock worth $109,000 after purchasing an additional 176 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in SPDR S&P Kensho Clean Power ETF in the fourth quarter worth approximately $113,000. Finally, Nalls Sherbakoff Group LLC bought a new stake in SPDR S&P Kensho Clean Power ETF in the fourth quarter worth approximately $168,000.

About SPDR S&P Kensho Clean Power ETF

The SPDR Kensho Clean Power ETF (CNRG) is an exchange-traded fund that is based on the S&P Kensho Clean Power index. The fund tracks a tier-weighted index of US equities associated with the clean power sector. CNRG was launched on Oct 22, 2018 and is managed by State Street.