ALPS Clean Energy ETF (NYSEARCA:ACES) Short Interest Update

ALPS Clean Energy ETF (NYSEARCA:ACES) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 14,485 shares, an increase of 87.9% from the November 30th total of 7,709 shares. Based on an average trading volume of 28,101 shares, the short-interest ratio is presently 0.5 days. Currently, 0.4% of the shares of the company are short sold. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 28,101 shares, the short-interest ratio is presently 0.5 days.

ALPS Clean Energy ETF Stock Performance

Shares of NYSEARCA ACES traded down $0.21 during midday trading on Friday, reaching $33.80. The stock had a trading volume of 40,123 shares, compared to its average volume of 60,062. The company has a market capitalization of $110.86 million, a price-to-earnings ratio of 21.11 and a beta of 1.46. ALPS Clean Energy ETF has a 12-month low of $19.92 and a 12-month high of $37.57. The stock has a 50-day moving average of $33.66 and a 200-day moving average of $30.71.

Hedge Funds Weigh In On ALPS Clean Energy ETF

A number of hedge funds have recently made changes to their positions in ACES. Bank of America Corp DE raised its stake in ALPS Clean Energy ETF by 3.6% during the 2nd quarter. Bank of America Corp DE now owns 33,999 shares of the company’s stock valued at $877,000 after purchasing an additional 1,184 shares during the period. Smithfield Trust Co bought a new position in ALPS Clean Energy ETF in the 2nd quarter worth approximately $36,000. Northwestern Mutual Wealth Management Co. grew its holdings in ALPS Clean Energy ETF by 9.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 38,848 shares of the company’s stock valued at $1,002,000 after buying an additional 3,320 shares in the last quarter. Advisors Preferred LLC bought a new stake in shares of ALPS Clean Energy ETF during the third quarter valued at approximately $118,000. Finally, Raymond James Financial Inc. purchased a new position in shares of ALPS Clean Energy ETF in the second quarter worth $96,000.

ALPS Clean Energy ETF Company Profile

The ALPS Clean Energy ETF (ACES) is an exchange-traded fund that is based on the CIBC Atlas Clean Energy index. The fund tracks an index of US- and Canada-listed companies in the clean energy industry. ACES was launched on Jun 29, 2018 and is managed by ALPS.