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

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

Global X Renewable Energy Producers ETF Price Performance

Shares of RNRG stock traded down $0.05 during trading hours on Monday, reaching $8.49. The company had a trading volume of 9,259 shares, compared to its average volume of 7,814. Global X Renewable Energy Producers ETF has a 12 month low of $8.42 and a 12 month high of $10.95. The business has a fifty day simple moving average of $9.05 and a 200-day simple moving average of $9.86. The company has a market cap of $27.85 million, a price-to-earnings ratio of 17.81 and a beta of 0.78.

Global X Renewable Energy Producers ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were issued a $0.0615 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Global X Renewable Energy Producers ETF stock. Tempus Wealth Planning LLC grew its stake in Global X Renewable Energy Producers ETF (NASDAQ:RNRG) by 4.2% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,103 shares of the company’s stock after purchasing an additional 1,751 shares during the quarter. Tempus Wealth Planning LLC owned approximately 1.24% of Global X Renewable Energy Producers ETF worth $458,000 at the end of the most recent reporting period.

Global X Renewable Energy Producers ETF Company Profile

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.