ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) Sees Significant Drop in Short Interest

by · The Markets Daily

ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX – Get Free Report) saw a large drop in short interest in January. As of January 15th, there was short interest totaling 192 shares, a drop of 32.9% from the December 31st total of 286 shares. Based on an average daily trading volume, of 2,270 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 2,270 shares, the days-to-cover ratio is currently 0.1 days.

ProShares S&P Kensho Cleantech ETF Stock Performance

Shares of NYSEARCA CTEX traded down $1.22 during midday trading on Friday, hitting $39.35. 1,233 shares of the stock traded hands, compared to its average volume of 2,362. The firm has a market capitalization of $5.90 million, a P/E ratio of 21.78 and a beta of 1.66. ProShares S&P Kensho Cleantech ETF has a one year low of $15.11 and a one year high of $41.84. The firm has a 50-day moving average of $37.37 and a two-hundred day moving average of $32.66.

Institutional Trading of ProShares S&P Kensho Cleantech ETF

A hedge fund recently bought a new stake in ProShares S&P Kensho Cleantech ETF stock. Susquehanna International Group LLP bought a new position in ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 6,965 shares of the company’s stock, valued at approximately $215,000. Susquehanna International Group LLP owned approximately 6.97% of ProShares S&P Kensho Cleantech ETF as of its most recent filing with the Securities & Exchange Commission.

ProShares S&P Kensho Cleantech ETF Company Profile

(Get Free Report)

The ProShares S&P Kensho Cleantech ETF (CTEX) is an exchange-traded fund that is based on the S&P Kensho Cleantech index. The fund tracks an index of US-listed companies involved in the development of technologies that enable clean energy generation. Holdings are equally-weighted within tiers. CTEX was launched on Sep 29, 2021 and is managed by ProShares.

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