ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) Short Interest Down 42.1% in June

ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 3,668 shares, a decrease of 42.1% from the June 15th total of 6,331 shares. Based on an average daily trading volume, of 2,018 shares, the days-to-cover ratio is presently 1.8 days. Currently, 2.4% of the company’s stock are sold short.

ProShares S&P Kensho Cleantech ETF Price Performance

NYSEARCA CTEX remained flat at $38.02 on Thursday. The company had a trading volume of 99 shares, compared to its average volume of 2,121. The business has a 50-day moving average price of $43.31 and a two-hundred day moving average price of $39.57. ProShares S&P Kensho Cleantech ETF has a twelve month low of $22.99 and a twelve month high of $51.50. The stock has a market capitalization of $5.70 million, a PE ratio of 21.78 and a beta of 1.72.

Institutional Trading of ProShares S&P Kensho Cleantech ETF

Several institutional investors and hedge funds have recently made changes to their positions in CTEX. Jane Street Group LLC purchased a new position in ProShares S&P Kensho Cleantech ETF during the fourth quarter worth about $368,000. Susquehanna International Group LLP purchased a new stake in ProShares S&P Kensho Cleantech ETF in the 3rd quarter valued at about $215,000. Finally, SG Americas Securities LLC increased its stake in ProShares S&P Kensho Cleantech ETF by 90.2% in the 4th quarter. SG Americas Securities LLC now owns 21,760 shares of the company’s stock valued at $766,000 after buying an additional 10,317 shares during the last quarter.

ProShares S&P Kensho Cleantech ETF Company Profile

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.