Global X CleanTech ETF (NASDAQ:CTEC) Stock Short Interest Declines 35.4%

Global X CleanTech ETF (NASDAQ:CTEC – Get Free Report) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 2,438 shares, a drop of 35.4% from the September 30th total of 3,773 shares. Based on an average daily volume of 1,876 shares, the short-interest ratio is presently 1.3 days. Currently, 0.6% of the company’s shares are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Global X CleanTech ETF stock. Integrated Wealth Concepts LLC acquired a new position in Global X CleanTech ETF (NASDAQ:CTEC – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 2,628 shares of the company’s stock, valued at approximately $170,000. Integrated Wealth Concepts LLC owned 0.60% of Global X CleanTech ETF at the end of the most recent quarter.

Global X CleanTech ETF Stock Up 3.1%

Shares of NASDAQ:CTEC opened at $52.19 on Wednesday. The stock has a market cap of $21.92 million, a PE ratio of 15.62 and a beta of 1.56. The company’s fifty day moving average is $55.52 and its 200 day moving average is $60.46. Global X CleanTech ETF has a 52 week low of $49.59 and a 52 week high of $83.01.

Global X CleanTech ETF Company Profile

(Get Free Report)

The Global X CleanTech ETF (CTEC) is an exchange-traded fund that is based on the Indxx Global CleanTech index. The fund tracks a market-cap weighted index of global companies involved in the development and production of technologies that reduce negative impact on the environment. CTEC was launched on Oct 27, 2020 and is managed by Global X.

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