TrueShares Eagle Global Renewable Energy Income ETF (NYSEARCA:RNWZ) Sees Large Decline in Short Interest

TrueShares Eagle Global Renewable Energy Income ETF (NYSEARCA:RNWZ) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 337 shares, a decrease of 77.6% from the June 15th total of 1,506 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 875 shares, the days-to-cover ratio is presently 0.4 days.

TrueShares Eagle Global Renewable Energy Income ETF Stock Performance

TrueShares Eagle Global Renewable Energy Income ETF stock remained flat at $30.96 on Friday. The company’s stock had a trading volume of 183 shares, compared to its average volume of 2,044. The stock has a market capitalization of $5.88 million, a price-to-earnings ratio of 13.55 and a beta of 0.48. The firm has a 50-day moving average of $31.73 and a two-hundred day moving average of $30.92. TrueShares Eagle Global Renewable Energy Income ETF has a fifty-two week low of $22.44 and a fifty-two week high of $33.54.

TrueShares Eagle Global Renewable Energy Income ETF Company Profile

The TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks long-term capital growth by actively managing a portfolio of renewable energy infrastructure companies from across the globe. RNWZ was launched on Dec 8, 2022 and is managed by TrueShares.