ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) Short Interest Update

ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) was the recipient of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 158 shares, a drop of 17.7% from the January 15th total of 192 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 2,536 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 2,536 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On ProShares S&P Kensho Cleantech ETF

A number of hedge funds have recently modified their holdings of CTEX. SG Americas Securities LLC bought a new stake in shares of ProShares S&P Kensho Cleantech ETF in the second quarter worth $304,000. Susquehanna International Group LLP bought a new stake in shares of ProShares S&P Kensho Cleantech ETF in the 3rd quarter valued at about $215,000. Finally, Jane Street Group LLC acquired a new stake in shares of ProShares S&P Kensho Cleantech ETF in the fourth quarter valued at about $368,000.

ProShares S&P Kensho Cleantech ETF Price Performance

NYSEARCA CTEX traded up $0.67 during trading hours on Monday, reaching $38.71. The company’s stock had a trading volume of 1,683 shares, compared to its average volume of 2,753. The firm has a fifty day simple moving average of $38.27 and a 200-day simple moving average of $33.91. The stock has a market cap of $5.81 million, a P/E ratio of 21.78 and a beta of 1.66. ProShares S&P Kensho Cleantech ETF has a 52 week low of $15.11 and a 52 week high of $41.84.

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.