TrueShares Eagle Global Renewable Energy Income ETF (NYSEARCA:RNWZ) Sees Large Growth in Short Interest

TrueShares Eagle Global Renewable Energy Income ETF (NYSEARCA:RNWZ) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 1,506 shares, a growth of 330.3% from the May 31st total of 350 shares. Approximately 1.3% of the company’s shares are sold short. Based on an average daily volume of 1,209 shares, the short-interest ratio is currently 1.2 days.

TrueShares Eagle Global Renewable Energy Income ETF Trading Up 0.1%

Shares of NYSEARCA:RNWZ traded up $0.03 on Friday, reaching $31.48. 140 shares of the company traded hands, compared to its average volume of 2,119. The stock has a market capitalization of $3.78 million, a P/E ratio of 13.55 and a beta of 0.47. The business’s 50-day simple moving average is $32.02 and its 200 day simple moving average is $30.65. TrueShares Eagle Global Renewable Energy Income ETF has a 52 week low of $22.44 and a 52 week high of $33.54.

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.