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

TrueShares Eagle Global Renewable Energy Income ETF (NYSEARCA:RNWZ) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 419 shares, a drop of 49.9% from the April 15th total of 837 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 687 shares, the days-to-cover ratio is currently 0.6 days.

TrueShares Eagle Global Renewable Energy Income ETF Price Performance

TrueShares Eagle Global Renewable Energy Income ETF stock opened at $31.42 on Monday. The company has a market capitalization of $3.77 million, a PE ratio of 13.55 and a beta of 0.52. TrueShares Eagle Global Renewable Energy Income ETF has a one year low of $22.44 and a one year high of $33.54. The business has a 50 day simple moving average of $32.08 and a 200 day simple moving average of $29.78.

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.