Global X Clean Tech ETF (NASDAQ:CTEC) Sees Large Decrease in Short Interest

by · The Cerbat Gem

Global X Clean Tech ETF (NASDAQ:CTEC – Get Free Report) was the target of a large drop in short interest in September. As of September 30th, there was short interest totalling 9,000 shares, a drop of 9.1% from the September 15th total of 9,900 shares. Based on an average trading volume of 11,200 shares, the short-interest ratio is currently 0.8 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Global X Clean Tech ETF stock. Good Life Advisors LLC bought a new position in Global X Clean Tech ETF (NASDAQ:CTEC – Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 10,646 shares of the company’s stock, valued at approximately $89,000. Good Life Advisors LLC owned about 0.22% of Global X Clean Tech ETF as of its most recent SEC filing.

Global X Clean Tech ETF Price Performance

Shares of NASDAQ CTEC traded down $0.13 during trading on Thursday, hitting $7.30. The stock had a trading volume of 15,367 shares, compared to its average volume of 17,620. The firm has a fifty day moving average of $7.82 and a two-hundred day moving average of $8.47. The company has a market capitalization of $35.89 million, a PE ratio of 7.95 and a beta of 1.41. Global X Clean Tech ETF has a 12 month low of $7.16 and a 12 month high of $10.96.

About Global X Clean Tech ETF

(Get Free Report)

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.

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