ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 967 shares, a drop of 75.2% from the August 31st total of 3,892 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average daily trading volume, of 890 shares, the days-to-cover ratio is currently 1.1 days.
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 boosted its holdings in ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX – Free Report) by 17.3% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,892 shares of the company’s stock after acquiring an additional 3,232 shares during the quarter. Citadel Advisors LLC owned 14.59% of ProShares S&P Kensho Cleantech ETF worth $965,000 at the end of the most recent reporting period.
ProShares S&P Kensho Cleantech ETF Stock Up 1.4%
ProShares S&P Kensho Cleantech ETF stock traded up $0.42 during midday trading on Friday, hitting $31.07. 659 shares of the stock were exchanged, compared to its average volume of 1,751. ProShares S&P Kensho Cleantech ETF has a 52-week low of $30.20 and a 52-week high of $51.50. The business’s 50-day moving average price is $33.40 and its 200-day moving average price is $37.79. The stock has a market capitalization of $4.66 million, a price-to-earnings ratio of 21.78 and a beta of 1.73.
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.
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