VanEck Low Carbon Energy ETF (NYSEARCA:SMOG) Short Interest Down 34.1% in December

VanEck Low Carbon Energy ETF (NYSEARCA:SMOG) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totaling 83 shares, a decrease of 34.1% from the November 30th total of 126 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 1,082 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 1,082 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

VanEck Low Carbon Energy ETF Price Performance

NYSEARCA:SMOG traded down $0.63 during mid-day trading on Monday, reaching $131.56. The stock had a trading volume of 2,266 shares, compared to its average volume of 2,122. The company has a market capitalization of $132.88 million, a price-to-earnings ratio of 19.47 and a beta of 1.13. VanEck Low Carbon Energy ETF has a 1-year low of $88.51 and a 1-year high of $138.84. The stock’s 50 day simple moving average is $132.78 and its two-hundred day simple moving average is $123.40.

Institutional Investors Weigh In On VanEck Low Carbon Energy ETF

A number of institutional investors have recently made changes to their positions in SMOG. Lakeridge Wealth Management LLC bought a new position in VanEck Low Carbon Energy ETF during the second quarter worth $212,000. JNBA Financial Advisors increased its stake in VanEck Low Carbon Energy ETF by 1.4% during the second quarter. JNBA Financial Advisors now owns 6,477 shares of the company’s stock valued at $712,000 after purchasing an additional 88 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of VanEck Low Carbon Energy ETF by 1.1% during the second quarter. Ameriprise Financial Inc. now owns 21,513 shares of the company’s stock worth $2,366,000 after purchasing an additional 236 shares during the period. Jane Street Group LLC lifted its position in shares of VanEck Low Carbon Energy ETF by 14.0% in the 1st quarter. Jane Street Group LLC now owns 22,647 shares of the company’s stock worth $2,290,000 after buying an additional 2,785 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in shares of 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 buying an additional 1,939 shares during the period.

About VanEck Low Carbon Energy ETF

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.