First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Stock Short Interest Report for September

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 68,284 shares, a drop of 40.5% from the September 15th total of 114,673 shares. Based on an average daily trading volume, of 78,888 shares, the short-interest ratio is currently 0.9 days. Approximately 0.6% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Parallel Advisors LLC boosted its position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 31.4% during the 1st quarter. Parallel Advisors LLC now owns 795 shares of the company’s stock valued at $37,000 after purchasing an additional 190 shares in the last quarter. CoreCap Advisors LLC acquired a new stake in First Trust NASDAQ Clean Edge Green Energy Index Fund during the third quarter worth approximately $44,000. Integrated Wealth Concepts LLC acquired a new stake in First Trust NASDAQ Clean Edge Green Energy Index Fund during the second quarter worth approximately $74,000. Toth Financial Advisory Corp bought a new position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund during the 3rd quarter worth approximately $88,000. Finally, Farther Finance Advisors LLC boosted its holdings in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 7.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,153 shares of the company’s stock worth $152,000 after buying an additional 208 shares in the last quarter.

First Trust NASDAQ Clean Edge Green Energy Index Fund Trading Down 3.4%

QCLN stock traded down $1.53 during midday trading on Friday, hitting $43.49. The stock had a trading volume of 119,798 shares, compared to its average volume of 162,652. The firm has a market cap of $484.91 million, a P/E ratio of 23.20 and a beta of 1.65. First Trust NASDAQ Clean Edge Green Energy Index Fund has a 1-year low of $39.83 and a 1-year high of $69.20. The business has a fifty day moving average price of $49.21 and a two-hundred day moving average price of $54.07.

First Trust NASDAQ Clean Edge Green Energy Index Fund Company Profile

First Trust NASDAQ Clean Edge Green Energy Index Fund (the Fund), formerly First Trust NASDAQ Clean Edge U.S. Liquid Series Index Fund, seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ Clean Edge Green Energy Index (the Index) (formerly NASDAQ Clean Edge U.S. Liquid Series Index). The Index is an equity index designed to track the performance of clean energy companies that are publicly traded in the United States, and includes companies engaged in the manufacturing, development, distribution and installation of clean-energy technologies, including, but not limited to, solar photovoltaics, biofuels and advanced batteries.