VanEck Low Carbon Energy ETF (NYSEARCA:SMOG) Sees Significant Decline in Short Interest

VanEck Low Carbon Energy ETF (NYSEARCA:SMOG) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 83 shares, a decline of 34.1% from the November 30th total of 126 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,082 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 1,082 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On VanEck Low Carbon Energy ETF

Large investors have recently modified their holdings of the business. Jane Street Group LLC raised its holdings in shares of VanEck Low Carbon Energy ETF by 14.0% during the 1st quarter. Jane Street Group LLC now owns 22,647 shares of the company’s stock worth $2,290,000 after buying an additional 2,785 shares in the last quarter. Jones Financial Companies Lllp grew its position in VanEck Low Carbon Energy ETF by 216.4% in the first quarter. Jones Financial Companies Lllp now owns 2,835 shares of the company’s stock valued at $287,000 after acquiring an additional 1,939 shares during the last quarter. Lakeridge Wealth Management LLC bought a new position in VanEck Low Carbon Energy ETF in the second quarter valued at about $212,000. Citadel Advisors LLC acquired a new position in VanEck Low Carbon Energy ETF during the third quarter worth about $222,000. Finally, Atlantic Union Bankshares Corp bought a new position in shares of VanEck Low Carbon Energy ETF in the third quarter worth about $108,000.

VanEck Low Carbon Energy ETF Stock Performance

Shares of VanEck Low Carbon Energy ETF stock traded down $0.79 on Tuesday, reaching $130.77. 1,992 shares of the stock were exchanged, compared to its average volume of 2,121. The firm’s 50 day moving average is $132.76 and its 200-day moving average is $123.54. The firm has a market cap of $132.08 million, a PE ratio of 19.47 and a beta of 1.13. VanEck Low Carbon Energy ETF has a one year low of $88.51 and a one year high of $138.84.

About VanEck Low Carbon Energy ETF

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.