Renaissance International IPO ETF (NYSEARCA:IPOS) Short Interest Down 59.9% in July

Renaissance International IPO ETF (NYSEARCA:IPOS) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totaling 367 shares, a decline of 59.9% from the July 15th total of 915 shares. Based on an average daily trading volume, of 2,589 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Trading of Renaissance International IPO ETF

An institutional investor recently bought a new stake in Renaissance International IPO ETF stock. Jane Street Group LLC acquired a new stake in shares of Renaissance International IPO ETF (NYSEARCA:IPOS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 17,496 shares of the company’s stock, valued at approximately $257,000. Jane Street Group LLC owned about 0.18% of Renaissance International IPO ETF as of its most recent SEC filing.

Renaissance International IPO ETF Price Performance

IPOS opened at $23.58 on Monday. The firm has a market cap of $11.79 million, a PE ratio of 27.07 and a beta of 0.79. Renaissance International IPO ETF has a 1 year low of $15.65 and a 1 year high of $26.25. The stock has a 50-day moving average price of $23.79 and a 200-day moving average price of $21.51.

About Renaissance International IPO ETF

The Renaissance International IPO ETF (IPOS) is an exchange-traded fund that is based on the Renaissance International IPO index. The fund tracks a cap-weighted index of recent IPOs listed internationally. The fund adds an IPO within 90 days of its initial listing. IPOS was launched on Oct 6, 2014 and is managed by Renaissance.