ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) Shares Shorted: Short Interest Down 47.4% in September

ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 509 shares, a drop of 47.4% from the September 15th total of 967 shares. Based on an average daily volume of 983 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.3% of the shares of the stock are sold short.

Institutional Investors Weigh In On ProShares S&P Kensho Cleantech ETF

An institutional investor recently raised its stake in ProShares S&P Kensho Cleantech ETF stock. Citadel Advisors LLC grew its holdings in shares of ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) by 17.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,892 shares of the company’s stock after purchasing an additional 3,232 shares during the period. Citadel Advisors LLC owned about 14.59% of ProShares S&P Kensho Cleantech ETF worth $965,000 as of its most recent SEC filing.

ProShares S&P Kensho Cleantech ETF Stock Performance

NYSEARCA:CTEX remained flat at $30.01 on Wednesday. ProShares S&P Kensho Cleantech ETF has a 12-month low of $30.01 and a 12-month high of $51.50. The firm has a market capitalization of $4.50 million, a PE ratio of 21.78 and a beta of 1.73. The stock’s fifty day simple moving average is $32.48 and its 200-day simple moving average is $37.36.

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.