Short Interest in Global X Renewable Energy Producers ETF (NASDAQ:RNRG) Grows By 2,550.0%

Global X Renewable Energy Producers ETF (NASDAQ:RNRG) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 5,300 shares, a growth of 2,550.0% from the December 31st total of 200 shares. Based on an average daily trading volume, of 14,900 shares, the short-interest ratio is presently 0.4 days.

Global X Renewable Energy Producers ETF Price Performance

NASDAQ RNRG traded down $0.12 during trading on Tuesday, hitting $8.43. The company’s stock had a trading volume of 20,603 shares, compared to its average volume of 13,247. Global X Renewable Energy Producers ETF has a fifty-two week low of $8.40 and a fifty-two week high of $10.95. The company has a market cap of $27.65 million, a PE ratio of 17.81 and a beta of 0.78. The business’s 50 day simple moving average is $8.88 and its 200-day simple moving average is $9.75.

Global X Renewable Energy Producers ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were paid a dividend of $0.0615 per share. The ex-dividend date was Monday, December 30th.

Institutional Investors Weigh In On Global X Renewable Energy Producers ETF

A hedge fund recently raised its stake in Global X Renewable Energy Producers ETF stock. Jane Street Group LLC boosted its position in shares of Global X Renewable Energy Producers ETF (NASDAQ:RNRG) by 552.8% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 121,219 shares of the company’s stock after acquiring an additional 102,650 shares during the quarter. Jane Street Group LLC owned about 3.47% of Global X Renewable Energy Producers ETF worth $1,289,000 at the end of the most recent reporting period.

About Global X Renewable Energy Producers ETF

The Global X Renewable Energy Producers ETF (RNRG) is an exchange-traded fund that is based on the Indxx Renewable Energy Producers index, a market-cap-weighted index of global renewable energy companies including YieldCos. RNRG was launched on May 28, 2015 and is managed by Global X.