Short Interest in iShares Global Clean Energy ETF (NASDAQ:ICLN) Expands By 24.3%

iShares Global Clean Energy ETF (NASDAQ:ICLNGet Free Report) was the target of a large increase in short interest in May. As of May 31st, there was short interest totalling 7,270,000 shares, an increase of 24.3% from the May 15th total of 5,850,000 shares. Based on an average trading volume of 3,247,700 shares, the short-interest ratio is currently 2.2 days.

Hedge Funds Weigh In On iShares Global Clean Energy ETF

Several institutional investors have recently modified their holdings of the business. Heritage Investors Management Corp lifted its holdings in iShares Global Clean Energy ETF by 4.4% during the first quarter. Heritage Investors Management Corp now owns 17,793 shares of the company’s stock worth $249,000 after acquiring an additional 750 shares during the period. Pine Haven Investment Counsel Inc boosted its holdings in shares of iShares Global Clean Energy ETF by 7.8% in the 1st quarter. Pine Haven Investment Counsel Inc now owns 11,390 shares of the company’s stock worth $159,000 after buying an additional 825 shares during the last quarter. Prio Wealth Limited Partnership grew its position in iShares Global Clean Energy ETF by 3.7% during the fourth quarter. Prio Wealth Limited Partnership now owns 25,205 shares of the company’s stock valued at $392,000 after buying an additional 905 shares during the period. Corrado Advisors LLC increased its holdings in iShares Global Clean Energy ETF by 1.1% during the fourth quarter. Corrado Advisors LLC now owns 83,789 shares of the company’s stock worth $1,305,000 after buying an additional 905 shares during the last quarter. Finally, Consolidated Portfolio Review Corp increased its holdings in iShares Global Clean Energy ETF by 6.9% during the fourth quarter. Consolidated Portfolio Review Corp now owns 14,094 shares of the company’s stock worth $219,000 after buying an additional 911 shares during the last quarter.

iShares Global Clean Energy ETF Trading Down 1.5 %

Shares of ICLN traded down $0.22 during trading hours on Monday, reaching $14.12. 3,446,701 shares of the stock traded hands, compared to its average volume of 3,540,707. iShares Global Clean Energy ETF has a 52 week low of $12.72 and a 52 week high of $19.22. The stock has a fifty day simple moving average of $14.08 and a 200 day simple moving average of $14.21. The company has a market cap of $2.31 billion, a price-to-earnings ratio of 14.91 and a beta of 1.09.

iShares Global Clean Energy ETF Dividend Announcement

The company also recently announced a Semi-Annual dividend, which will be paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th will be given a dividend of $0.0959 per share. The ex-dividend date of this dividend is Tuesday, June 11th.

About iShares Global Clean Energy ETF

(Get Free Report)

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.

Further Reading

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