ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) Short Interest Down 59.5% in December

ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 286 shares, a decline of 59.5% from the December 15th total of 706 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 4,140 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 4,140 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the shares of the company are sold short.

ProShares S&P Kensho Cleantech ETF Stock Up 1.2%

CTEX traded up $0.47 during trading on Friday, hitting $39.85. 3,194 shares of the company traded hands, compared to its average volume of 2,318. The firm has a market cap of $5.98 million, a P/E ratio of 21.78 and a beta of 1.66. The stock’s fifty day moving average is $36.39 and its 200 day moving average is $31.29. ProShares S&P Kensho Cleantech ETF has a one year low of $15.11 and a one year high of $41.02.

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

An institutional investor recently bought a new position in ProShares S&P Kensho Cleantech ETF stock. SG Americas Securities LLC acquired a new stake in shares of ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,471 shares of the company’s stock, valued at approximately $304,000. SG Americas Securities LLC owned 28.94% of ProShares S&P Kensho Cleantech ETF at the end of the most recent quarter.

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.