TrueShares Eagle Global Renewable Energy Income ETF (NYSEARCA:RNWZ) Short Interest Down 49.9% in April

TrueShares Eagle Global Renewable Energy Income ETF (NYSEARCA:RNWZ) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 419 shares, a decline of 49.9% from the April 15th total of 837 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 687 shares, the days-to-cover ratio is presently 0.6 days.

TrueShares Eagle Global Renewable Energy Income ETF Price Performance

Shares of TrueShares Eagle Global Renewable Energy Income ETF stock traded down $0.87 during trading on Friday, hitting $31.42. 521 shares of the stock were exchanged, compared to its average volume of 2,455. TrueShares Eagle Global Renewable Energy Income ETF has a 12-month low of $22.44 and a 12-month high of $33.54. The stock has a market cap of $3.77 million, a price-to-earnings ratio of 13.55 and a beta of 0.52. The firm’s 50-day moving average price is $32.08 and its 200 day moving average price is $29.76.

About TrueShares Eagle Global Renewable Energy Income ETF

The TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks long-term capital growth by actively managing a portfolio of renewable energy infrastructure companies from across the globe. RNWZ was launched on Dec 8, 2022 and is managed by TrueShares.