ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) Shares Shorted: Short Interest Down 75.2% in September

by · The Cerbat Gem

ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX – Get Free Report) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 967 shares, a decrease of 75.2% from the August 31st total of 3,892 shares. Based on an average daily volume of 890 shares, the short-interest ratio is presently 1.1 days. Currently, 0.6% of the company’s stock are sold short.

ProShares S&P Kensho Cleantech ETF Stock Performance

CTEX stock traded up $0.42 on Friday, hitting $31.07. 659 shares of the company’s stock were exchanged, compared to its average volume of 1,751. ProShares S&P Kensho Cleantech ETF has a 12-month low of $30.20 and a 12-month high of $51.50. The firm has a 50 day moving average price of $33.40 and a two-hundred day moving average price of $37.77. The stock has a market cap of $4.66 million, a P/E ratio of 21.78 and a beta of 1.73.

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

A hedge fund recently raised its stake in ProShares S&P Kensho Cleantech ETF stock. Citadel Advisors LLC lifted its holdings in shares of ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX – Free Report) by 17.3% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 21,892 shares of the company’s stock after acquiring an additional 3,232 shares during the period. Citadel Advisors LLC owned approximately 14.59% of ProShares S&P Kensho Cleantech ETF worth $965,000 at the end of the most recent quarter.

ProShares S&P Kensho Cleantech ETF Company Profile

(Get Free Report)

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.

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