Global X Renewable Energy Producers ETF (NASDAQ:RNRG) Short Interest Update

Global X Renewable Energy Producers ETF (NASDAQ:RNRG) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 3,600 shares, a growth of 1,700.0% from the October 31st total of 200 shares. Based on an average trading volume of 8,500 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of Global X Renewable Energy Producers ETF

An institutional investor recently raised its position in Global X Renewable Energy Producers ETF stock. Jane Street Group LLC raised its position in Global X Renewable Energy Producers ETF (NASDAQ:RNRG) by 552.8% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 121,219 shares of the company’s stock after buying an additional 102,650 shares during the period. Jane Street Group LLC owned about 3.47% of Global X Renewable Energy Producers ETF worth $1,289,000 as of its most recent filing with the SEC.

Global X Renewable Energy Producers ETF Stock Performance

Shares of NASDAQ RNRG traded up $0.06 during trading on Thursday, reaching $9.32. The company had a trading volume of 19,350 shares, compared to its average volume of 10,682. Global X Renewable Energy Producers ETF has a 52 week low of $9.03 and a 52 week high of $11.47. The business’s 50 day moving average price is $9.87 and its 200-day moving average price is $10.21. The stock has a market cap of $32.53 million, a PE ratio of 17.81 and a beta of 0.78.

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.