First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Short Interest Update

by · The Markets Daily

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN – Get Free Report) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 78,267 shares, a decrease of 51.2% from the May 31st total of 160,357 shares. Based on an average daily volume of 250,273 shares, the short-interest ratio is presently 0.3 days. Currently, 0.6% of the company’s stock are sold short.

Institutional Investors Weigh In On First Trust NASDAQ Clean Edge Green Energy Index Fund

Several institutional investors have recently added to or reduced their stakes in the business. Private Trust Co. NA purchased a new stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund during the fourth quarter worth about $29,000. Ameriflex Group Inc. purchased a new stake in First Trust NASDAQ Clean Edge Green Energy Index Fund during the 3rd quarter worth approximately $31,000. Parallel Advisors LLC grew its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 31.4% during the 1st quarter. Parallel Advisors LLC now owns 795 shares of the company’s stock worth $37,000 after purchasing an additional 190 shares during the last quarter. Elevated Capital Advisors LLC acquired a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund during the 4th quarter valued at approximately $75,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund in the third quarter worth $109,000.

First Trust NASDAQ Clean Edge Green Energy Index Fund Stock Up 4.6%

Shares of First Trust NASDAQ Clean Edge Green Energy Index Fund stock traded up $2.69 during trading on Tuesday, reaching $61.58. The company’s stock had a trading volume of 86,953 shares, compared to its average volume of 155,617. First Trust NASDAQ Clean Edge Green Energy Index Fund has a 1-year low of $31.92 and a 1-year high of $69.20. The company has a 50-day simple moving average of $61.02 and a two-hundred day simple moving average of $52.72. The company has a market cap of $775.86 million, a price-to-earnings ratio of 23.20 and a beta of 1.62.

About First Trust NASDAQ Clean Edge Green Energy Index Fund

(Get Free Report)

First Trust NASDAQ Clean Edge Green Energy Index Fund (the Fund), formerly First Trust NASDAQ Clean Edge U.S. Liquid Series Index Fund, seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ Clean Edge Green Energy Index (the Index) (formerly NASDAQ Clean Edge U.S. Liquid Series Index). The Index is an equity index designed to track the performance of clean energy companies that are publicly traded in the United States, and includes companies engaged in the manufacturing, development, distribution and installation of clean-energy technologies, including, but not limited to, solar photovoltaics, biofuels and advanced batteries.

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