ALPS Clean Energy ETF (NYSEARCA:ACES) Short Interest Down 41.9% in December

ALPS Clean Energy ETF (NYSEARCA:ACES) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 8,410 shares, a decrease of 41.9% from the December 15th total of 14,485 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 26,385 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 26,385 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.3% of the shares of the company are short sold.

ALPS Clean Energy ETF Stock Up 0.7%

ACES traded up $0.24 during trading on Friday, hitting $35.44. 94,409 shares of the stock were exchanged, compared to its average volume of 36,964. ALPS Clean Energy ETF has a 1-year low of $19.92 and a 1-year high of $37.57. The stock has a fifty day moving average price of $33.39 and a two-hundred day moving average price of $31.56. The firm has a market capitalization of $116.24 million, a P/E ratio of 21.11 and a beta of 1.46.

Institutional Trading of ALPS Clean Energy ETF

A number of large investors have recently bought and sold shares of the business. Smithfield Trust Co acquired a new stake in shares of ALPS Clean Energy ETF during the second quarter worth about $36,000. Raymond James Financial Inc. acquired a new stake in ALPS Clean Energy ETF during the 2nd quarter worth approximately $96,000. Advisors Preferred LLC purchased a new position in shares of ALPS Clean Energy ETF in the 3rd quarter valued at approximately $118,000. UBS Group AG increased its holdings in shares of ALPS Clean Energy ETF by 21.9% in the third quarter. UBS Group AG now owns 24,896 shares of the company’s stock valued at $795,000 after purchasing an additional 4,466 shares during the period. Finally, Bank of America Corp DE increased its holdings in shares of ALPS Clean Energy ETF by 3.6% in the second quarter. Bank of America Corp DE now owns 33,999 shares of the company’s stock valued at $877,000 after purchasing an additional 1,184 shares during the period.

About ALPS Clean Energy ETF

The ALPS Clean Energy ETF (ACES) is an exchange-traded fund that is based on the CIBC Atlas Clean Energy index. The fund tracks an index of US- and Canada-listed companies in the clean energy industry. ACES was launched on Jun 29, 2018 and is managed by ALPS.