Short Interest in Global X Renewable Energy Producers ETF (NASDAQ:RNRG) Drops By 17.0%

Global X Renewable Energy Producers ETF (NASDAQ:RNRG) was the recipient of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 1,968 shares, a decrease of 17.0% from the January 29th total of 2,370 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 2,938 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 2,938 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the shares of the company are sold short.

Global X Renewable Energy Producers ETF Trading Up 1.1%

Shares of NASDAQ RNRG opened at $36.29 on Thursday. The firm has a market cap of $28.67 million, a P/E ratio of 15.93 and a beta of 0.88. Global X Renewable Energy Producers ETF has a 1-year low of $21.90 and a 1-year high of $37.98. The business’s 50 day moving average is $35.63 and its 200-day moving average is $33.58.

Global X Renewable Energy Producers ETF Announces Dividend

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

Institutional Investors Weigh In On Global X Renewable Energy Producers ETF

Institutional investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in 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 acquiring an additional 7,895 shares during the period. Jane Street Group LLC bought a new stake in Global X Renewable Energy Producers ETF in the 1st quarter valued at about $963,000. Raymond James Financial Inc. acquired a new position in shares of Global X Renewable Energy Producers ETF during the 2nd quarter worth approximately $38,000. Flow Traders U.S. LLC increased its holdings in shares of Global X Renewable Energy Producers ETF by 188.4% during the third 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 during the period. Finally, Natural Investments LLC bought a new position in shares of Global X Renewable Energy Producers ETF during the fourth quarter worth approximately $1,093,000.

About Global X Renewable Energy Producers ETF

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.