SPDR S&P Kensho Clean Power ETF (NYSEARCA:CNRG) Short Interest Update

SPDR S&P Kensho Clean Power ETF (NYSEARCA:CNRG) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 21,600 shares, a growth of 117.5% from the December 15th total of 9,930 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 13,580 shares, the days-to-cover ratio is presently 1.6 days. Based on an average daily trading volume, of 13,580 shares, the days-to-cover ratio is presently 1.6 days. Approximately 1.0% of the shares of the stock are sold short.

SPDR S&P Kensho Clean Power ETF Trading Up 1.2%

NYSEARCA CNRG traded up $1.13 during midday trading on Thursday, hitting $97.72. The company had a trading volume of 5,880 shares, compared to its average volume of 8,528. The firm has a 50-day moving average price of $93.97 and a 200-day moving average price of $83.51. The company has a market capitalization of $204.23 million, a PE ratio of 20.46 and a beta of 1.34. SPDR S&P Kensho Clean Power ETF has a twelve month low of $43.34 and a twelve month high of $106.94.

Institutional Investors Weigh In On SPDR S&P Kensho Clean Power ETF

Several institutional investors and hedge funds have recently bought and sold shares of CNRG. BOS Asset Management LLC grew its stake in SPDR S&P Kensho Clean Power ETF by 6.6% during the second quarter. BOS Asset Management LLC now owns 4,339 shares of the company’s stock worth $258,000 after buying an additional 269 shares in the last quarter. Exchange Capital Management Inc. lifted its holdings in shares of SPDR S&P Kensho Clean Power ETF by 28.7% during the 2nd quarter. Exchange Capital Management Inc. now owns 36,344 shares of the company’s stock worth $2,160,000 after acquiring an additional 8,112 shares during the period. Flagship Harbor Advisors LLC acquired a new stake in shares of SPDR S&P Kensho Clean Power ETF during the 2nd quarter worth approximately $226,000. Raymond James Financial Inc. bought a new position in SPDR S&P Kensho Clean Power ETF in the second quarter valued at approximately $189,000. Finally, Ameriprise Financial Inc. raised its position in SPDR S&P Kensho Clean Power ETF by 5.6% during the second quarter. Ameriprise Financial Inc. now owns 48,401 shares of the company’s stock valued at $2,876,000 after purchasing an additional 2,554 shares in the last quarter.

About SPDR S&P Kensho Clean Power ETF

The SPDR Kensho Clean Power ETF (CNRG) is an exchange-traded fund that is based on the S&P Kensho Clean Power index. The fund tracks a tier-weighted index of US equities associated with the clean power sector. CNRG was launched on Oct 22, 2018 and is managed by State Street.