iShares Global Clean Energy ETF (NASDAQ:ICLN) Stock Short Interest Report for October

iShares Global Clean Energy ETF (NASDAQ:ICLN) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 2,223,770 shares, a decline of 41.0% from the September 30th total of 3,770,923 shares. Based on an average trading volume of 5,340,212 shares, the short-interest ratio is currently 0.4 days. Approximately 1.8% of the company’s shares are short sold.

Institutional Trading of iShares Global Clean Energy ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Asset Dedication LLC bought a new stake in iShares Global Clean Energy ETF in the 3rd quarter worth approximately $62,000. Kestra Advisory Services LLC boosted its holdings in shares of iShares Global Clean Energy ETF by 23.2% during the 3rd quarter. Kestra Advisory Services LLC now owns 61,586 shares of the company’s stock valued at $1,047,000 after purchasing an additional 11,613 shares during the last quarter. Commonwealth Equity Services LLC purchased a new position in shares of iShares Global Clean Energy ETF in the third quarter valued at $7,929,000. Associated Banc Corp purchased a new stake in iShares Global Clean Energy ETF during the third quarter valued at approximately $521,000. Finally, Heritage Investors Management Corp purchased a new position in shares of iShares Global Clean Energy ETF during the 3rd quarter worth about $381,000.

iShares Global Clean Energy ETF Price Performance

iShares Global Clean Energy ETF stock traded up $0.29 during trading hours on Tuesday, reaching $16.02. The stock had a trading volume of 2,592,035 shares, compared to its average volume of 5,935,557. The stock has a market cap of $2.03 billion, a PE ratio of 17.16 and a beta of 1.10. iShares Global Clean Energy ETF has a 52 week low of $15.18 and a 52 week high of $23.78. The company has a fifty day simple moving average of $17.05 and a 200-day simple moving average of $18.74.

iShares Global Clean Energy ETF Company Profile

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.