VanEck Low Carbon Energy ETF (NYSEARCA:SMOG) Short Interest Down 34.1% in December

VanEck Low Carbon Energy ETF (NYSEARCA:SMOG) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 83 shares, a decline of 34.1% from the November 30th total of 126 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 1,082 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 1,082 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Hedge Funds Weigh In On VanEck Low Carbon Energy ETF

Several large investors have recently added to or reduced their stakes in the business. Westfuller Advisors LLC purchased a new stake in VanEck Low Carbon Energy ETF in the 3rd quarter valued at about $27,000. Atlantic Union Bankshares Corp purchased a new position in shares of VanEck Low Carbon Energy ETF during the 3rd quarter worth about $108,000. AE Wealth Management LLC boosted its position in shares of VanEck Low Carbon Energy ETF by 140.3% in the third quarter. AE Wealth Management LLC now owns 865 shares of the company’s stock worth $110,000 after acquiring an additional 505 shares during the last quarter. Citadel Advisors LLC acquired a new stake in shares of VanEck Low Carbon Energy ETF in the third quarter worth approximately $222,000. Finally, Lakeridge Wealth Management LLC purchased a new stake in VanEck Low Carbon Energy ETF in the second quarter valued at approximately $212,000.

VanEck Low Carbon Energy ETF Trading Down 0.5%

Shares of VanEck Low Carbon Energy ETF stock traded down $0.63 during trading hours on Monday, reaching $131.56. 2,266 shares of the company’s stock were exchanged, compared to its average volume of 2,122. VanEck Low Carbon Energy ETF has a 52-week low of $88.51 and a 52-week high of $138.84. The company has a fifty day moving average of $132.78 and a 200-day moving average of $123.40. The firm has a market capitalization of $132.88 million, a price-to-earnings ratio of 19.47 and a beta of 1.13.

About VanEck Low Carbon Energy ETF

The VanEck Low Carbon Energy ETF (SMOG) is an exchange-traded fund that is based on the MVIS Global Low Carbon Energy index, a market-cap-weighted index of companies that focuses specifically on renewable energy SMOG was launched on May 3, 2007 and is managed by VanEck.