ALPS Clean Energy ETF (NYSEARCA:ACES) Short Interest Update

by · The Cerbat Gem

ALPS Clean Energy ETF (NYSEARCA:ACES – Get Free Report) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 87,937 shares, an increase of 256.2% from the June 30th total of 24,688 shares. Based on an average daily trading volume, of 105,105 shares, the short-interest ratio is currently 0.8 days. Approximately 2.5% of the company’s stock are sold short.

ALPS Clean Energy ETF Stock Performance

NYSEARCA ACES traded down $1.06 during trading on Friday, reaching $30.56. 138,022 shares of the company’s stock were exchanged, compared to its average volume of 87,084. The stock has a market cap of $109.40 million, a P/E ratio of 21.11 and a beta of 1.42. The company has a 50 day moving average price of $36.14 and a two-hundred day moving average price of $35.27. ALPS Clean Energy ETF has a 1 year low of $26.24 and a 1 year high of $43.00.

Institutional Investors Weigh In On ALPS Clean Energy ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Wealthfront Advisers LLC boosted its holdings in ALPS Clean Energy ETF by 0.5% in the fourth quarter. Wealthfront Advisers LLC now owns 94,918 shares of the company’s stock valued at $3,077,000 after purchasing an additional 484 shares in the last quarter. Bank of America Corp DE raised its holdings in ALPS Clean Energy ETF by 3.6% during the second quarter. Bank of America Corp DE now owns 33,999 shares of the company’s stock worth $877,000 after purchasing an additional 1,184 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in ALPS Clean Energy ETF during the fourth quarter worth approximately $61,000. Raymond James Financial Inc. purchased a new stake in shares of ALPS Clean Energy ETF during the 2nd quarter worth approximately $96,000. Finally, Waystone Advisors LLC lifted its position in shares of ALPS Clean Energy ETF by 35.2% during the 1st quarter. Waystone Advisors LLC now owns 17,029 shares of the company’s stock worth $571,000 after buying an additional 4,437 shares during the last quarter.

About ALPS Clean Energy ETF

(Get Free Report)

The ALPS Clean Energy ETF (ACES) is an exchange-traded fund that is based on the CIBC Atlas Clean Energy index. The fund tracks an index of US- and Canada-listed companies in the clean energy industry. ACES was launched on Jun 29, 2018 and is managed by ALPS.

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