Global X CleanTech ETF (NASDAQ:CTEC) Short Interest Up 90.1% in January

Global X CleanTech ETF (NASDAQ:CTEC) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 2,464 shares, a growth of 90.1% from the December 31st total of 1,296 shares. Based on an average daily trading volume, of 4,037 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.5% of the shares of the company are sold short. Approximately 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 4,037 shares, the days-to-cover ratio is presently 0.6 days.

Hedge Funds Weigh In On Global X CleanTech ETF

Several large investors have recently bought and sold shares of CTEC. BLVD Private Wealth LLC acquired a new position in shares of Global X CleanTech ETF during the second quarter valued at about $1,252,000. rebel Financial LLC bought a new stake in shares of Global X CleanTech ETF during the second quarter valued at approximately $112,000. Finally, Raymond James Financial Inc. bought a new stake in Global X CleanTech ETF in the 2nd quarter valued at $26,000.

Global X CleanTech ETF Trading Down 2.9%

Global X CleanTech ETF stock traded down $1.82 on Friday, reaching $61.43. 10,435 shares of the stock were exchanged, compared to its average volume of 5,112. Global X CleanTech ETF has a twelve month low of $25.90 and a twelve month high of $64.95. The firm has a fifty day moving average price of $56.86 and a two-hundred day moving average price of $51.81. The stock has a market cap of $28.87 million, a PE ratio of 15.62 and a beta of 1.48.

Global X CleanTech ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.2802 per share. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 104.0%.

Global X CleanTech ETF Company Profile

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.