ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) Short Interest Up 82.0% in February

ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 1,214 shares, a growth of 82.0% from the February 12th total of 667 shares. Based on an average daily trading volume, of 1,571 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.8% of the shares of the company are sold short. Currently, 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 1,571 shares, the days-to-cover ratio is currently 0.8 days.

ProShares S&P Kensho Cleantech ETF Price Performance

NYSEARCA:CTEX traded down $0.05 during midday trading on Friday, reaching $35.50. The stock had a trading volume of 726 shares, compared to its average volume of 2,341. ProShares S&P Kensho Cleantech ETF has a 1-year low of $15.11 and a 1-year high of $41.84. The firm’s fifty day simple moving average is $38.42 and its 200-day simple moving average is $35.46. The stock has a market capitalization of $5.33 million, a P/E ratio of 21.78 and a beta of 1.66.

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

A number of hedge funds have recently bought and sold shares of the company. Susquehanna International Group LLP acquired a new position in shares of ProShares S&P Kensho Cleantech ETF during the 3rd quarter worth about $215,000. SG Americas Securities LLC grew its holdings in ProShares S&P Kensho Cleantech ETF by 90.2% in the 4th quarter. SG Americas Securities LLC now owns 21,760 shares of the company’s stock valued at $766,000 after buying an additional 10,317 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in ProShares S&P Kensho Cleantech ETF in the 4th quarter valued at approximately $368,000.

ProShares S&P Kensho Cleantech ETF Company Profile

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.