Global X CleanTech ETF (NASDAQ:CTEC) Shares Shorted: Short Interest Down 72.2% in September

Global X CleanTech ETF (NASDAQ:CTEC) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 369 shares, a decline of 72.2% from the August 31st total of 1,329 shares. Based on an average trading volume of 1,219 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

Global X CleanTech ETF Stock Up 1.7%

NASDAQ:CTEC traded up $0.93 during trading hours on Friday, reaching $56.59. The company had a trading volume of 263 shares, compared to its average volume of 3,758. Global X CleanTech ETF has a twelve month low of $49.00 and a twelve month high of $83.01. The firm has a market cap of $24.90 million, a price-to-earnings ratio of 15.62 and a beta of 1.55. The business’s 50-day simple moving average is $57.03 and its two-hundred day simple moving average is $61.89.

Institutional Trading of Global X CleanTech ETF

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

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.