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

ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) saw a significant growth in short interest in 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 trading volume of 1,571 shares, the short-interest ratio is presently 0.8 days. Approximately 0.8% of the shares of the company are sold short. Approximately 0.8% of the shares of the company are sold short. Based on an average trading volume of 1,571 shares, the short-interest ratio is presently 0.8 days.

ProShares S&P Kensho Cleantech ETF Stock Performance

CTEX stock opened at $35.55 on Friday. ProShares S&P Kensho Cleantech ETF has a fifty-two week low of $15.11 and a fifty-two week high of $41.84. The business’s 50-day moving average is $38.46 and its two-hundred day moving average is $35.34. The company has a market cap of $5.33 million, a price-to-earnings ratio of 21.78 and a beta of 1.66.

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

Several hedge funds and other institutional investors have recently made changes to their positions in CTEX. SG Americas Securities LLC boosted its holdings in shares of ProShares S&P Kensho Cleantech ETF by 90.2% in the fourth quarter. SG Americas Securities LLC now owns 21,760 shares of the company’s stock worth $766,000 after buying an additional 10,317 shares during the last quarter. Jane Street Group LLC purchased a new stake in ProShares S&P Kensho Cleantech ETF during the fourth quarter valued at approximately $368,000. Finally, Susquehanna International Group LLP purchased a new stake in ProShares S&P Kensho Cleantech ETF during the third quarter valued at approximately $215,000.

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.