Renaissance International IPO ETF (NYSEARCA:IPOS) Short Interest Update

Renaissance International IPO ETF (NYSEARCA:IPOS) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,042 shares, an increase of 142.3% from the August 15th total of 430 shares. Based on an average daily volume of 2,707 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are short sold.

Renaissance International IPO ETF Price Performance

Shares of IPOS traded down $0.12 during mid-day trading on Friday, reaching $22.67. 1,076 shares of the company’s stock traded hands, compared to its average volume of 5,015. The stock’s 50-day moving average is $23.29 and its two-hundred day moving average is $22.02. Renaissance International IPO ETF has a 12 month low of $15.65 and a 12 month high of $26.25. The stock has a market cap of $11.34 million, a P/E ratio of 27.07 and a beta of 0.79.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Renaissance International IPO ETF stock. Jane Street Group LLC purchased a new position in shares of Renaissance International IPO ETF (NYSEARCA:IPOS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 17,496 shares of the company’s stock, valued at approximately $257,000. Jane Street Group LLC owned approximately 0.18% of Renaissance International IPO ETF at the end of the most recent quarter.

About Renaissance International IPO ETF

The Renaissance International IPO ETF (IPOS) is an exchange-traded fund that is based on the Renaissance International IPO index. The fund tracks a cap-weighted index of recent IPOs listed internationally. The fund adds an IPO within 90 days of its initial listing. IPOS was launched on Oct 6, 2014 and is managed by Renaissance.