Renaissance International IPO ETF (NYSEARCA:IPOS) Short Interest Update

Renaissance International IPO ETF (NYSEARCA:IPOS) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 367 shares, a decline of 59.9% from the July 15th total of 915 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 2,589 shares, the short-interest ratio is presently 0.1 days.

Renaissance International IPO ETF Trading Down 0.2%

NYSEARCA IPOS traded down $0.04 during trading on Friday, hitting $23.58. The company had a trading volume of 561 shares, compared to its average volume of 5,358. Renaissance International IPO ETF has a one year low of $15.65 and a one year high of $26.25. The company has a market cap of $11.79 million, a price-to-earnings ratio of 27.07 and a beta of 0.79. The company’s fifty day moving average is $23.79 and its 200-day moving average is $21.49.

Hedge Funds Weigh In On Renaissance International IPO ETF

An institutional investor recently bought a new stake in Renaissance International IPO ETF stock. Cetera Investment Advisers acquired a new position in Renaissance International IPO ETF (NYSEARCA:IPOS) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 152,976 shares of the company’s stock, valued at approximately $2,789,000. Cetera Investment Advisers owned 30.60% of Renaissance International IPO ETF at the end of the most recent reporting period.

Renaissance International IPO ETF Company Profile

The Renaissance International IPO ETF (IPOS) is an exchange-traded fund that is based on the Renaissance International IPO index. The fund tracks a cap-weighted index of recent IPOs listed internationally. The fund adds an IPO within 90 days of its initial listing. IPOS was launched on Oct 6, 2014 and is managed by Renaissance.