Short Interest in iShares Global Clean Energy ETF (NASDAQ:ICLN) Rises By 11.8%

iShares Global Clean Energy ETF (NASDAQ:ICLN) saw a significant growth in short interest in September. As of September 15th, there was short interest totalling 7,090,000 shares, a growth of 11.8% from the August 31st total of 6,340,000 shares. Based on an average daily trading volume, of 2,697,000 shares, the short-interest ratio is presently 2.6 days.

iShares Global Clean Energy ETF Stock Down 0.5 %

NASDAQ:ICLN opened at $14.69 on Tuesday. The stock has a market cap of $2.25 billion, a P/E ratio of 14.91 and a beta of 1.09. The business’s 50-day moving average price is $14.18 and its two-hundred day moving average price is $14.02. iShares Global Clean Energy ETF has a twelve month low of $12.72 and a twelve month high of $15.81.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ICLN. Heritage Investors Management Corp grew its stake in iShares Global Clean Energy ETF by 4.4% in the 1st quarter. Heritage Investors Management Corp now owns 17,793 shares of the company’s stock worth $249,000 after buying an additional 750 shares in the last quarter. MCIA Inc lifted its holdings in shares of iShares Global Clean Energy ETF by 2.4% during the 2nd quarter. MCIA Inc now owns 32,543 shares of the company’s stock worth $451,000 after acquiring an additional 751 shares during the last quarter. Diversified Trust Co grew its position in iShares Global Clean Energy ETF by 4.3% in the second quarter. Diversified Trust Co now owns 19,195 shares of the company’s stock worth $256,000 after acquiring an additional 783 shares in the last quarter. Pine Haven Investment Counsel Inc increased its stake in iShares Global Clean Energy ETF by 7.8% in the first quarter. Pine Haven Investment Counsel Inc now owns 11,390 shares of the company’s stock valued at $159,000 after acquiring an additional 825 shares during the last quarter. Finally, Liberty Wealth Management LLC raised its position in iShares Global Clean Energy ETF by 5.0% during the first quarter. Liberty Wealth Management LLC now owns 21,180 shares of the company’s stock valued at $296,000 after purchasing an additional 999 shares in the last quarter.

About iShares Global Clean Energy ETF

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.