First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) Short Interest Up 195.4% in June

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 231,184 shares, a growth of 195.4% from the June 15th total of 78,267 shares. Based on an average daily volume of 204,369 shares, the short-interest ratio is currently 1.1 days. Currently, 1.7% of the shares of the company are short sold.

Institutional Trading of First Trust NASDAQ Clean Edge Green Energy Index Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Parallel Advisors LLC raised its stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 31.4% during the first 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. NewEdge Advisors LLC grew its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 0.8% in the 1st quarter. NewEdge Advisors LLC now owns 23,672 shares of the company’s stock valued at $1,100,000 after buying an additional 183 shares during the last quarter. Evelyn Partners Asset Management Ltd grew its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 6.0% in the 1st quarter. Evelyn Partners Asset Management Ltd now owns 4,460 shares of the company’s stock valued at $207,000 after buying an additional 251 shares during the last quarter. Forty three Eighteen Advisors LLC acquired a new position in First Trust NASDAQ Clean Edge Green Energy Index Fund in the 1st quarter valued at $1,483,000. Finally, Nwam LLC raised its position in First Trust NASDAQ Clean Edge Green Energy Index Fund by 5.2% during the 1st quarter. Nwam LLC now owns 19,946 shares of the company’s stock worth $927,000 after buying an additional 982 shares during the last quarter.

First Trust NASDAQ Clean Edge Green Energy Index Fund Price Performance

Shares of NASDAQ:QCLN traded down $2.13 on Monday, reaching $53.57. The company’s stock had a trading volume of 118,939 shares, compared to its average volume of 161,970. First Trust NASDAQ Clean Edge Green Energy Index Fund has a 52-week low of $34.27 and a 52-week high of $69.20. The stock has a market capitalization of $693.73 million, a P/E ratio of 23.20 and a beta of 1.62. The stock’s 50-day moving average is $61.28 and its two-hundred day moving average is $53.47.

First Trust NASDAQ Clean Edge Green Energy Index Fund Company Profile

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.