ALPS Clean Energy ETF (NYSEARCA:ACES) Short Interest Down 53.2% in August

ALPS Clean Energy ETF (NYSEARCA:ACES) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 10,612 shares, a decrease of 53.2% from the July 30th total of 22,657 shares. Based on an average trading volume of 77,722 shares, the short-interest ratio is currently 0.1 days. Currently, 0.3% of the company’s stock are sold short.

Hedge Funds Weigh In On ALPS Clean Energy ETF

Several institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC bought a new position in ALPS Clean Energy ETF in the fourth quarter worth approximately $61,000. Raymond James Financial Inc. purchased a new stake in ALPS Clean Energy ETF during the second quarter worth $96,000. Cetera Investment Advisers bought a new stake in ALPS Clean Energy ETF during the 1st quarter valued at $212,000. Virtu Financial LLC bought a new stake in ALPS Clean Energy ETF during the 4th quarter valued at $384,000. Finally, Waystone Advisors LLC purchased a new position in shares of ALPS Clean Energy ETF in the 4th quarter valued at $408,000.

ALPS Clean Energy ETF Price Performance

NYSEARCA ACES traded down $0.17 during trading on Monday, reaching $30.14. 86,767 shares of the company’s stock traded hands, compared to its average volume of 85,078. ALPS Clean Energy ETF has a 12-month low of $28.57 and a 12-month high of $43.00. The firm has a market cap of $115.44 million, a price-to-earnings ratio of 21.11 and a beta of 1.43. The company’s 50 day simple moving average is $32.49 and its two-hundred day simple moving average is $34.55.

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.