ALPS Clean Energy ETF (NYSEARCA:ACES) Short Interest Update

ALPS Clean Energy ETF (NYSEARCA:ACES) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 38,497 shares, a drop of 65.5% from the May 31st total of 111,537 shares. Based on an average daily volume of 64,641 shares, the short-interest ratio is currently 0.6 days. Approximately 1.1% of the shares of the stock are short sold.

Institutional Trading of ALPS Clean Energy ETF

Large investors have recently made changes to their positions in the stock. Kestra Advisory Services LLC purchased a new position in ALPS Clean Energy ETF in the 4th quarter valued at about $61,000. Raymond James Financial Inc. acquired a new position in shares of ALPS Clean Energy ETF in the second quarter valued at approximately $96,000. Cetera Investment Advisers purchased a new position in shares of ALPS Clean Energy ETF during the first quarter valued at approximately $212,000. Virtu Financial LLC purchased a new position in shares of ALPS Clean Energy ETF during the fourth quarter valued at approximately $384,000. Finally, Waystone Advisors LLC acquired a new stake in ALPS Clean Energy ETF during the fourth quarter worth approximately $408,000.

ALPS Clean Energy ETF Stock Down 0.6%

Shares of ALPS Clean Energy ETF stock traded down $0.21 during trading on Friday, hitting $34.54. 114,908 shares of the company were exchanged, compared to its average volume of 88,297. ALPS Clean Energy ETF has a fifty-two week low of $25.28 and a fifty-two week high of $43.00. The firm has a 50 day moving average price of $37.30 and a 200 day moving average price of $35.28. The stock has a market capitalization of $122.62 million, a price-to-earnings ratio of 21.11 and a beta of 1.40.

ALPS Clean Energy ETF Company Profile

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.