ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) Short Interest Down 42.1% in June

ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 3,668 shares, a drop of 42.1% from the June 15th total of 6,331 shares. Based on an average trading volume of 2,018 shares, the days-to-cover ratio is presently 1.8 days. Currently, 2.4% of the shares of the stock are short sold.

ProShares S&P Kensho Cleantech ETF Trading Up 1.0%

CTEX stock opened at $36.26 on Friday. The company’s 50-day moving average price is $43.09 and its 200 day moving average price is $39.54. ProShares S&P Kensho Cleantech ETF has a 52 week low of $23.50 and a 52 week high of $51.50. The company has a market cap of $5.44 million, a P/E ratio of 21.78 and a beta of 1.72.

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

Large investors have recently bought and sold shares of the stock. Susquehanna International Group LLP acquired a new position in shares of ProShares S&P Kensho Cleantech ETF in the 3rd quarter valued at $215,000. Jane Street Group LLC acquired a new stake in shares of ProShares S&P Kensho Cleantech ETF during the 4th quarter worth $368,000. Finally, SG Americas Securities LLC raised its position in shares of ProShares S&P Kensho Cleantech ETF by 90.2% in the 4th quarter. SG Americas Securities LLC now owns 21,760 shares of the company’s stock worth $766,000 after buying an additional 10,317 shares during the period.

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.