Xtrackers US National Critical Technologies ETF (NYSEARCA:CRTC) Sees Large Growth in Short Interest

Xtrackers US National Critical Technologies ETF (NYSEARCA:CRTC) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 22,631 shares, an increase of 233.3% from the April 30th total of 6,790 shares. Based on an average trading volume of 11,992 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.7% of the company’s stock are sold short.

Xtrackers US National Critical Technologies ETF Price Performance

Shares of NYSEARCA:CRTC traded up $0.35 during midday trading on Friday, reaching $39.74. The company had a trading volume of 4,201 shares, compared to its average volume of 9,833. The stock’s fifty day moving average price is $37.26 and its 200-day moving average price is $36.98. The stock has a market capitalization of $127.17 million, a P/E ratio of 26.36 and a beta of 0.93. Xtrackers US National Critical Technologies ETF has a one year low of $31.80 and a one year high of $39.84.

Xtrackers US National Critical Technologies ETF Company Profile

The Xtrackers US National Critical Technologies ETF (CRTC) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is passively managed to hold stocks from developed market countries associated with sectors determined vital to maintaining US national security. A committee selects the stocks based on a proprietary rating system and weights holdings based on market-cap. CRTC was launched on Nov 16, 2023 and is issued by Xtrackers.