ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) Short Interest Up 322.2% in February

ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) saw a large growth in short interest in February. As of February 13th, there was short interest totaling 667 shares, a growth of 322.2% from the January 29th total of 158 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 3,587 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 3,587 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.4% of the company’s stock are short sold.

ProShares S&P Kensho Cleantech ETF Stock Down 6.3%

Shares of NYSEARCA:CTEX opened at $35.79 on Friday. ProShares S&P Kensho Cleantech ETF has a twelve month low of $15.11 and a twelve month high of $41.84. The stock’s 50 day moving average is $38.60 and its 200-day moving average is $34.70. The firm has a market capitalization of $5.37 million, a price-to-earnings ratio of 21.78 and a beta of 1.66.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC bought a new stake in ProShares S&P Kensho Cleantech ETF during the second quarter worth $304,000. Jane Street Group LLC purchased a new position in shares of ProShares S&P Kensho Cleantech ETF in the 4th quarter worth about $368,000. Finally, Susquehanna International Group LLP bought a new position in ProShares S&P Kensho Cleantech ETF during the third quarter valued at about $215,000.

About ProShares S&P Kensho Cleantech ETF

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.