SPDR S&P Kensho Clean Power ETF (NYSEARCA:CNRG) Short Interest Up 158.1% in July

SPDR S&P Kensho Clean Power ETF (NYSEARCA:CNRGGet Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 22,816 shares, a growth of 158.1% from the July 15th total of 8,841 shares. Based on an average daily trading volume, of 12,160 shares, the short-interest ratio is currently 1.9 days. Approximately 1.1% of the shares of the company are sold short.

Institutional Trading of SPDR S&P Kensho Clean Power ETF

Several hedge funds have recently bought and sold shares of the company. Raymond James Financial Inc. bought a new position in SPDR S&P Kensho Clean Power ETF in the 2nd quarter worth about $189,000. Ameriprise Financial Inc. raised its holdings in shares of SPDR S&P Kensho Clean Power ETF by 5.6% during the second quarter. Ameriprise Financial Inc. now owns 48,401 shares of the company’s stock valued at $2,876,000 after buying an additional 2,554 shares during the last quarter. Osaic Holdings Inc. boosted its position in shares of SPDR S&P Kensho Clean Power ETF by 10.5% during the second quarter. Osaic Holdings Inc. now owns 1,849 shares of the company’s stock worth $109,000 after buying an additional 176 shares during the period. Two Sigma Investments LP acquired a new position in shares of SPDR S&P Kensho Clean Power ETF during the third quarter worth approximately $665,000. Finally, Creative Planning bought a new position in SPDR S&P Kensho Clean Power ETF in the 3rd quarter worth approximately $251,000.

SPDR S&P Kensho Clean Power ETF Stock Up 1.1%

CNRG stock traded up $1.06 during mid-day trading on Friday, reaching $96.15. The company had a trading volume of 2,136 shares, compared to its average volume of 9,609. SPDR S&P Kensho Clean Power ETF has a one year low of $67.81 and a one year high of $125.76. The stock has a market capitalization of $208.65 million, a P/E ratio of 20.46 and a beta of 1.44. The stock’s 50-day simple moving average is $101.53 and its two-hundred day simple moving average is $101.02.

About SPDR S&P Kensho Clean Power ETF

(Get Free Report)

The SPDR Kensho Clean Power ETF (CNRG) is an exchange-traded fund that is based on the S&P Kensho Clean Power index. The fund tracks a tier-weighted index of US equities associated with the clean power sector. CNRG was launched on Oct 22, 2018 and is managed by State Street.

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