Global X Renewable Energy Producers ETF (NASDAQ:RNRG) Short Interest Down 55.5% in December

Global X Renewable Energy Producers ETF (NASDAQ:RNRG) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 113 shares, a decline of 55.5% from the December 15th total of 254 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 4,709 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 4,709 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Global X Renewable Energy Producers ETF Trading Up 0.7%

Shares of NASDAQ RNRG traded up $0.24 during mid-day trading on Wednesday, reaching $34.69. 10,192 shares of the company’s stock were exchanged, compared to its average volume of 7,062. Global X Renewable Energy Producers ETF has a twelve month low of $21.90 and a twelve month high of $34.70. The firm has a market capitalization of $26.71 million, a price-to-earnings ratio of 15.93 and a beta of 0.88. The business has a fifty day simple moving average of $33.57 and a 200 day simple moving average of $32.01.

Global X Renewable Energy Producers ETF Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were paid a $0.3741 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a yield of 224.0%.

Institutional Investors Weigh In On Global X Renewable Energy Producers ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Flow Traders U.S. LLC increased its holdings in Global X Renewable Energy Producers ETF by 188.4% during the 3rd quarter. Flow Traders U.S. LLC now owns 33,037 shares of the company’s stock worth $1,052,000 after purchasing an additional 21,582 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Global X Renewable Energy Producers ETF in the second quarter valued at about $38,000. Jane Street Group LLC acquired a new position in shares of Global X Renewable Energy Producers ETF during the first quarter worth about $963,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Global X Renewable Energy Producers ETF by 5.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 154,698 shares of the company’s stock worth $1,270,000 after buying an additional 7,895 shares in the last quarter.

Global X Renewable Energy Producers ETF Company Profile

The Global X Renewable Energy Producers ETF (RNRG) is an exchange-traded fund that is based on the Indxx Renewable Energy Producers index, a market-cap-weighted index of global renewable energy companies including YieldCos. RNRG was launched on May 28, 2015 and is managed by Global X.