Short Interest in ALPS Clean Energy ETF (NYSEARCA:ACES) Decreases By 41.9%

ALPS Clean Energy ETF (NYSEARCA:ACES) saw a large decline in short interest in December. As of December 31st, there was short interest totaling 8,410 shares, a decline of 41.9% from the December 15th total of 14,485 shares. Based on an average trading volume of 26,385 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 26,385 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On ALPS Clean Energy ETF

A number of institutional investors have recently modified their holdings of the stock. CIBC Private Wealth Group LLC raised its holdings in shares of ALPS Clean Energy ETF by 2.2% during the third quarter. CIBC Private Wealth Group LLC now owns 1,139,622 shares of the company’s stock worth $36,400,000 after acquiring an additional 24,792 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new position in ALPS Clean Energy ETF in the third quarter valued at about $36,382,000. Flow Traders U.S. LLC acquired a new position in ALPS Clean Energy ETF in the 2nd quarter worth about $3,920,000. Jane Street Group LLC acquired a new stake in ALPS Clean Energy ETF in the second quarter valued at approximately $2,502,000. Finally, Wealthfront Advisers LLC grew its position in ALPS Clean Energy ETF by 265.4% in the second quarter. Wealthfront Advisers LLC now owns 96,922 shares of the company’s stock worth $2,501,000 after acquiring an additional 70,397 shares in the last quarter.

ALPS Clean Energy ETF Price Performance

Shares of ACES opened at $35.20 on Friday. The company has a market capitalization of $115.46 million, a price-to-earnings ratio of 21.11 and a beta of 1.46. The business’s 50-day moving average is $33.38 and its 200-day moving average is $31.50. ALPS Clean Energy ETF has a fifty-two week low of $19.92 and a fifty-two week high of $37.57.

About ALPS Clean Energy ETF

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.