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 increase in short interest in July. As of July 15th, there was short interest totaling 8,841 shares, an increase of 872.6% from the June 30th total of 909 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 10,796 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On SPDR S&P Kensho Clean Power ETF

Several institutional investors and hedge funds have recently modified their holdings of CNRG. Matthew Goff Investment Advisor LLC acquired a new stake in SPDR S&P Kensho Clean Power ETF in the 1st quarter worth approximately $19,359,000. Lido Advisors LLC bought a new stake in SPDR S&P Kensho Clean Power ETF during the third quarter worth approximately $3,208,000. Bank of America Corp DE grew its holdings in SPDR S&P Kensho Clean Power ETF by 19.4% during the third quarter. Bank of America Corp DE now owns 73,702 shares of the company’s stock valued at $6,204,000 after purchasing an additional 11,957 shares during the last quarter. Two Sigma Investments LP acquired a new position in SPDR S&P Kensho Clean Power ETF during the third quarter valued at approximately $665,000. Finally, Northbridge Financial Group LLC acquired a new position in SPDR S&P Kensho Clean Power ETF during the fourth quarter valued at approximately $536,000.

SPDR S&P Kensho Clean Power ETF Price Performance

CNRG stock opened at $92.04 on Monday. The company has a market capitalization of $199.73 million, a price-to-earnings ratio of 20.46 and a beta of 1.41. SPDR S&P Kensho Clean Power ETF has a 12 month low of $65.10 and a 12 month high of $125.76. The firm has a 50 day moving average of $108.71 and a two-hundred day moving average of $101.39.

SPDR S&P Kensho Clean Power ETF Company Profile

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.