ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX – Get Free Report) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 509 shares, a decrease of 47.4% from the September 15th total of 967 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 983 shares, the days-to-cover ratio is currently 0.5 days.
ProShares S&P Kensho Cleantech ETF Stock Performance
Shares of ProShares S&P Kensho Cleantech ETF stock remained flat at $30.01 during trading on Friday. ProShares S&P Kensho Cleantech ETF has a 12 month low of $30.01 and a 12 month high of $51.50. The company has a market capitalization of $4.50 million, a P/E ratio of 21.78 and a beta of 1.73. The firm’s 50 day simple moving average is $32.28 and its 200 day simple moving average is $37.29.
Hedge Funds Weigh In On ProShares S&P Kensho Cleantech ETF
An institutional investor recently raised its position in ProShares S&P Kensho Cleantech ETF stock. Citadel Advisors LLC grew its stake in ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX – Free Report) by 17.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,892 shares of the company’s stock after acquiring an additional 3,232 shares during the quarter. Citadel Advisors LLC owned about 14.59% of ProShares S&P Kensho Cleantech ETF worth $965,000 at the end of the most recent quarter.
About ProShares S&P Kensho Cleantech ETF
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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