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

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN) saw a significant decline in short interest in July. As of July 15th, there was short interest totaling 90,167 shares, a decline of 61.0% from the June 30th total of 231,184 shares. Based on an average daily trading volume, of 240,434 shares, the short-interest ratio is currently 0.4 days. Currently, 0.7% of the shares of the company are short sold.

Hedge Funds Weigh In On First Trust NASDAQ Clean Edge Green Energy Index Fund

Large investors have recently bought and sold shares of the business. Comerica Bank raised its holdings in First Trust NASDAQ Clean Edge Green Energy Index Fund by 18.7% in the 1st quarter. Comerica Bank now owns 3,367 shares of the company’s stock worth $96,000 after purchasing an additional 530 shares during the period. Goldman Sachs Group Inc. grew its holdings in First Trust NASDAQ Clean Edge Green Energy Index Fund by 26.3% in the first quarter. Goldman Sachs Group Inc. now owns 44,063 shares of the company’s stock valued at $1,261,000 after purchasing an additional 9,175 shares during the period. Jane Street Group LLC grew its holdings in First Trust NASDAQ Clean Edge Green Energy Index Fund by 4.8% in the first quarter. Jane Street Group LLC now owns 44,725 shares of the company’s stock valued at $1,280,000 after purchasing an additional 2,029 shares during the period. Focus Partners Wealth purchased a new stake in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund in the first quarter valued at approximately $230,000. Finally, NewEdge Advisors LLC increased its position in shares of First Trust NASDAQ Clean Edge Green Energy Index Fund by 7.7% in the second quarter. NewEdge Advisors LLC now owns 19,861 shares of the company’s stock valued at $649,000 after buying an additional 1,427 shares in the last quarter.

First Trust NASDAQ Clean Edge Green Energy Index Fund Stock Performance

Shares of First Trust NASDAQ Clean Edge Green Energy Index Fund stock opened at $49.26 on Monday. The firm has a 50-day simple moving average of $59.66 and a two-hundred day simple moving average of $53.93. First Trust NASDAQ Clean Edge Green Energy Index Fund has a fifty-two week low of $34.27 and a fifty-two week high of $69.20. The company has a market cap of $610.82 million, a P/E ratio of 23.20 and a beta of 1.62.

About First Trust NASDAQ Clean Edge Green Energy Index Fund

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.