Renaissance International IPO ETF (NYSEARCA:IPOS) Sees Large Decline in Short Interest

Renaissance International IPO ETF (NYSEARCA:IPOSGet Free Report) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 723 shares, a decrease of 85.6% from the June 15th total of 5,022 shares. Based on an average daily volume of 7,781 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On Renaissance International IPO ETF

An institutional investor recently bought a new stake in Renaissance International IPO ETF stock. Jane Street Group LLC bought a new stake in Renaissance International IPO ETF (NYSEARCA:IPOSFree Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 17,496 shares of the company’s stock, valued at approximately $257,000. Jane Street Group LLC owned 0.18% of Renaissance International IPO ETF at the end of the most recent reporting period.

Renaissance International IPO ETF Stock Down 3.8%

NYSEARCA IPOS traded down $0.93 on Monday, hitting $23.49. The company’s stock had a trading volume of 2,082 shares, compared to its average volume of 5,863. The company’s 50-day moving average is $23.39 and its 200 day moving average is $20.66. The firm has a market cap of $11.74 million, a PE ratio of 27.07 and a beta of 0.77. Renaissance International IPO ETF has a 1-year low of $15.10 and a 1-year high of $26.25.

Renaissance International IPO ETF Company Profile

(Get Free Report)

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.

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