Short Interest in VanEck Low Carbon Energy ETF (NYSEARCA:SMOG) Grows By 195.1%
by Scott Moore · The Cerbat GemVanEck Low Carbon Energy ETF (NYSEARCA:SMOG – Get Free Report) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totaling 484 shares, a growth of 195.1% from the March 31st total of 164 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 3,966 shares, the days-to-cover ratio is currently 0.1 days.
Institutional Trading of VanEck Low Carbon Energy ETF
Several institutional investors and hedge funds have recently added to or reduced their stakes in SMOG. Westfuller Advisors LLC bought a new stake in VanEck Low Carbon Energy ETF during the 3rd quarter valued at approximately $27,000. Elevated Capital Advisors LLC bought a new stake in VanEck Low Carbon Energy ETF during the 4th quarter valued at approximately $81,000. Atlantic Union Bankshares Corp purchased a new position in VanEck Low Carbon Energy ETF during the 3rd quarter valued at approximately $108,000. AE Wealth Management LLC grew its holdings in VanEck Low Carbon Energy ETF by 140.3% during the 3rd quarter. AE Wealth Management LLC now owns 865 shares of the company’s stock valued at $110,000 after buying an additional 505 shares in the last quarter. Finally, Prism Advisors Inc. purchased a new position in VanEck Low Carbon Energy ETF during the 1st quarter valued at approximately $202,000.
VanEck Low Carbon Energy ETF Trading Up 0.0%
SMOG traded up $0.06 on Friday, hitting $150.91. 788 shares of the company’s stock traded hands, compared to its average volume of 1,422. The company’s 50 day simple moving average is $140.74 and its 200-day simple moving average is $136.19. The firm has a market cap of $147.89 million, a price-to-earnings ratio of 19.47 and a beta of 1.03. VanEck Low Carbon Energy ETF has a one year low of $101.21 and a one year high of $152.41.
VanEck Low Carbon Energy ETF Company Profile
The VanEck Low Carbon Energy ETF (SMOG) is an exchange-traded fund that is based on the MVIS Global Low Carbon Energy index, a market-cap-weighted index of companies that focuses specifically on renewable energy SMOG was launched on May 3, 2007 and is managed by VanEck.