iShares Global Clean Energy ETF (NASDAQ:ICLN) Short Interest Update

iShares Global Clean Energy ETF (NASDAQ:ICLN) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 7,090,000 shares, an increase of 11.8% from the August 31st total of 6,340,000 shares. Based on an average trading volume of 2,697,000 shares, the short-interest ratio is currently 2.6 days.

iShares Global Clean Energy ETF Trading Down 0.5 %

Shares of NASDAQ ICLN opened at $14.69 on Tuesday. The company has a market cap of $2.25 billion, a price-to-earnings ratio of 14.91 and a beta of 1.09. iShares Global Clean Energy ETF has a 12 month low of $12.72 and a 12 month high of $15.81. The stock has a 50-day moving average price of $14.18 and a two-hundred day moving average price of $14.02.

Hedge Funds Weigh In On iShares Global Clean Energy ETF

Institutional investors have recently added to or reduced their stakes in the stock. Sage Mountain Advisors LLC increased its holdings in shares of iShares Global Clean Energy ETF by 1,628.7% during the second quarter. Sage Mountain Advisors LLC now owns 2,109 shares of the company’s stock worth $28,000 after buying an additional 1,987 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new position in iShares Global Clean Energy ETF in the 1st quarter worth about $29,000. Olistico Wealth LLC bought a new position in iShares Global Clean Energy ETF in the second quarter valued at about $31,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of iShares Global Clean Energy ETF during the second quarter valued at about $31,000. Finally, Headlands Technologies LLC bought a new stake in shares of iShares Global Clean Energy ETF during the second quarter worth about $31,000.

About iShares Global Clean Energy ETF

iShares Global Clean Energy ETF, formerly iShares S&P Global Clean Energy Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Global Clean Energy Index. The S&P Global Clean Energy Index includes clean energy production companies, clean energy equipment and technology providers.