VanEck Low Carbon Energy ETF (NYSEARCA:SMOG) Short Interest Up 89.7% in June

VanEck Low Carbon Energy ETF (NYSEARCA:SMOG) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 973 shares, a growth of 89.7% from the May 31st total of 513 shares. Based on an average trading volume of 3,999 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On VanEck Low Carbon Energy ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC boosted its stake in shares of VanEck Low Carbon Energy ETF by 79.9% in the fourth quarter. Jane Street Group LLC now owns 15,108 shares of the company’s stock valued at $1,958,000 after buying an additional 6,711 shares during the period. Jones Financial Companies Lllp raised its holdings in VanEck Low Carbon Energy ETF by 216.4% in the 1st quarter. Jones Financial Companies Lllp now owns 2,835 shares of the company’s stock valued at $287,000 after acquiring an additional 1,939 shares in the last quarter. Citadel Advisors LLC acquired a new position in VanEck Low Carbon Energy ETF in the 3rd quarter valued at $222,000. Prism Advisors Inc. acquired a new position in VanEck Low Carbon Energy ETF in the 1st quarter valued at $202,000. Finally, Wells Fargo & Company MN lifted its position in shares of VanEck Low Carbon Energy ETF by 29.0% during the 4th quarter. Wells Fargo & Company MN now owns 5,573 shares of the company’s stock valued at $722,000 after acquiring an additional 1,253 shares during the period.

VanEck Low Carbon Energy ETF Price Performance

VanEck Low Carbon Energy ETF stock traded down $1.20 during midday trading on Thursday, hitting $143.17. The company’s stock had a trading volume of 752 shares, compared to its average volume of 1,775. VanEck Low Carbon Energy ETF has a 1-year low of $110.97 and a 1-year high of $157.27. The company has a 50-day moving average price of $149.55 and a two-hundred day moving average price of $141.70. The company has a market cap of $140.31 million, a price-to-earnings ratio of 19.47 and a beta of 1.05.

VanEck Low Carbon Energy ETF Company Profile

The VanEck Low Carbon Energy ETF (SMOG) is an exchange-traded fund that is based on the MVIS Global Low Carbon Energy index, a market-cap-weighted index of companies that focuses specifically on renewable energy SMOG was launched on May 3, 2007 and is managed by VanEck.