iShares Global Clean Energy ETF (NASDAQ:ICLN) Short Interest Update

iShares Global Clean Energy ETF (NASDAQ:ICLN) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 9,913,210 shares, a growth of 61.2% from the May 14th total of 6,148,963 shares. Currently, 8.2% of the company’s stock are sold short. Based on an average daily trading volume, of 6,586,443 shares, the short-interest ratio is presently 1.5 days.

iShares Global Clean Energy ETF Stock Performance

NASDAQ:ICLN traded down $0.03 during trading hours on Tuesday, reaching $21.00. The company’s stock had a trading volume of 914,223 shares, compared to its average volume of 5,740,220. The stock has a 50 day moving average price of $20.84 and a two-hundred day moving average price of $18.83. The company has a market capitalization of $2.54 billion, a P/E ratio of 17.16 and a beta of 1.07. iShares Global Clean Energy ETF has a 12 month low of $12.55 and a 12 month high of $23.78.

iShares Global Clean Energy ETF Dividend Announcement

The firm also recently declared a dividend, which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 15th will be given a dividend of $0.0561 per share. The ex-dividend date of this dividend is Monday, June 15th.

Hedge Funds Weigh In On iShares Global Clean Energy ETF

A number of large investors have recently made changes to their positions in the business. Bank of America Corp DE increased its position in shares of iShares Global Clean Energy ETF by 2.8% during the first quarter. Bank of America Corp DE now owns 3,769,084 shares of the company’s stock worth $68,937,000 after purchasing an additional 103,067 shares in the last quarter. LPL Financial LLC increased its position in shares of iShares Global Clean Energy ETF by 306.9% during the fourth quarter. LPL Financial LLC now owns 3,036,315 shares of the company’s stock worth $49,887,000 after purchasing an additional 2,290,021 shares in the last quarter. Assetmark Inc. increased its position in shares of iShares Global Clean Energy ETF by 75,167.1% during the fourth quarter. Assetmark Inc. now owns 2,906,061 shares of the company’s stock worth $47,747,000 after purchasing an additional 2,902,200 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares Global Clean Energy ETF by 26.7% during the fourth quarter. JPMorgan Chase & Co. now owns 1,388,877 shares of the company’s stock worth $22,819,000 after purchasing an additional 292,435 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of iShares Global Clean Energy ETF by 1.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,298,100 shares of the company’s stock worth $21,328,000 after purchasing an additional 18,943 shares in the last quarter.

About iShares Global Clean Energy ETF

iShares Global Clean Energy ETF, formerly iShares S&P Global Clean Energy Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Global Clean Energy Index. The S&P Global Clean Energy Index includes clean energy production companies, clean energy equipment and technology providers. The Fund operates in a range of sectors, which include electric utilities, semiconductors and semiconductor equipment, independent power producers and energy traders, commercial services and supplies, and electrical equipment.