ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) Short Interest Up 88.8% in June

ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEXGet Free Report) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 6,331 shares, a growth of 88.8% from the May 31st total of 3,354 shares. Currently, 4.2% of the company’s shares are sold short. Based on an average daily trading volume, of 2,402 shares, the short-interest ratio is presently 2.6 days.

Hedge Funds Weigh In On ProShares S&P Kensho Cleantech ETF

Several institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC bought a new position in shares of ProShares S&P Kensho Cleantech ETF in the 4th quarter worth $368,000. SG Americas Securities LLC increased its stake in ProShares S&P Kensho Cleantech ETF by 90.2% during the 4th quarter. SG Americas Securities LLC now owns 21,760 shares of the company’s stock valued at $766,000 after purchasing an additional 10,317 shares in the last quarter. Finally, Susquehanna International Group LLP bought a new stake in ProShares S&P Kensho Cleantech ETF during the 3rd quarter valued at $215,000.

ProShares S&P Kensho Cleantech ETF Stock Performance

Shares of CTEX stock remained flat at $40.21 during trading hours on Friday. 1,295 shares of the stock traded hands, compared to its average volume of 2,221. The company’s fifty day simple moving average is $43.48 and its 200 day simple moving average is $39.44. The stock has a market capitalization of $6.03 million, a price-to-earnings ratio of 21.78 and a beta of 1.72. ProShares S&P Kensho Cleantech ETF has a one year low of $22.99 and a one year high of $51.50.

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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