iShares Global Clean Energy ETF (NASDAQ:ICLN) Short Interest Update

iShares Global Clean Energy ETF (NASDAQ:ICLN) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 9,913,210 shares, an increase of 61.2% from the May 14th total of 6,148,963 shares. Approximately 8.2% of the company’s shares are sold short. Based on an average daily trading volume, of 6,586,443 shares, the days-to-cover ratio is currently 1.5 days.

iShares Global Clean Energy ETF Stock Performance

ICLN opened at $20.48 on Thursday. The stock has a market cap of $2.48 billion, a price-to-earnings ratio of 17.16 and a beta of 1.07. The stock’s 50 day moving average price is $20.95 and its 200-day moving average price is $18.88. iShares Global Clean Energy ETF has a one year low of $12.55 and a one year high of $23.78.

iShares Global Clean Energy ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Thursday, June 18th. Investors of record on Monday, June 15th will be issued a $0.0561 dividend. The ex-dividend date is Monday, June 15th.

Institutional Trading of iShares Global Clean Energy ETF

A number of large investors have recently modified their holdings of ICLN. Baird Financial Group Inc. boosted its holdings in shares of iShares Global Clean Energy ETF by 14.4% in the first quarter. Baird Financial Group Inc. now owns 11,507 shares of the company’s stock valued at $131,000 after purchasing an additional 1,450 shares during the period. Focus Partners Wealth boosted its holdings in shares of iShares Global Clean Energy ETF by 51.7% in the first quarter. Focus Partners Wealth now owns 75,516 shares of the company’s stock valued at $862,000 after purchasing an additional 25,728 shares during the period. Benjamin Edwards Inc. boosted its holdings in shares of iShares Global Clean Energy ETF by 20.6% in the second quarter. Benjamin Edwards Inc. now owns 20,841 shares of the company’s stock valued at $273,000 after purchasing an additional 3,563 shares during the period. Corient Private Wealth LLC boosted its holdings in shares of iShares Global Clean Energy ETF by 56.1% in the second quarter. Corient Private Wealth LLC now owns 54,276 shares of the company’s stock valued at $712,000 after purchasing an additional 19,498 shares during the period. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of iShares Global Clean Energy ETF by 87.9% in the second quarter. Geneos Wealth Management Inc. now owns 39,489 shares of the company’s stock valued at $518,000 after purchasing an additional 18,477 shares during the period.

iShares Global Clean Energy ETF Company Profile

iShares Global Clean Energy ETF, formerly iShares S&P Global Clean Energy Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Global Clean Energy Index. The S&P Global Clean Energy Index includes clean energy production companies, clean energy equipment and technology providers. The Fund operates in a range of sectors, which include electric utilities, semiconductors and semiconductor equipment, independent power producers and energy traders, commercial services and supplies, and electrical equipment.