Global X Clean Tech ETF (NASDAQ:CTEC) Sees Significant Growth in Short Interest

Global X Clean Tech ETF (NASDAQ:CTEC) saw a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 2,500 shares, a growth of 38.9% from the January 31st total of 1,800 shares. Based on an average trading volume of 24,400 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Global X Clean Tech ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Integrated Wealth Concepts LLC boosted its position in shares of Global X Clean Tech ETF by 11.9% in the third quarter. Integrated Wealth Concepts LLC now owns 13,735 shares of the company’s stock worth $115,000 after buying an additional 1,466 shares during the period. Flow Traders U.S. LLC purchased a new stake in shares of Global X Clean Tech ETF in the third quarter worth about $132,000. LPL Financial LLC boosted its holdings in Global X Clean Tech ETF by 41.2% in the fourth quarter. LPL Financial LLC now owns 32,994 shares of the company’s stock valued at $224,000 after purchasing an additional 9,623 shares during the last quarter. CreativeOne Wealth LLC boosted its holdings in Global X Clean Tech ETF by 5.1% in the third quarter. CreativeOne Wealth LLC now owns 56,798 shares of the company’s stock valued at $475,000 after purchasing an additional 2,763 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in Global X Clean Tech ETF by 55.8% in the fourth quarter. Jane Street Group LLC now owns 80,622 shares of the company’s stock valued at $547,000 after purchasing an additional 28,867 shares during the last quarter.

Global X Clean Tech ETF Trading Up 1.3 %

NASDAQ:CTEC traded up $0.09 on Wednesday, hitting $6.43. 1,362 shares of the stock were exchanged, compared to its average volume of 25,056. Global X Clean Tech ETF has a fifty-two week low of $6.11 and a fifty-two week high of $10.07. The stock has a fifty day moving average of $6.83 and a 200-day moving average of $7.27. The stock has a market cap of $28.21 million, a PE ratio of 11.46 and a beta of 1.44.

Global X Clean Tech ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were given a $0.0804 dividend. The ex-dividend date was Monday, December 30th.

About Global X Clean Tech ETF

The Global X CleanTech ETF (CTEC) is an exchange-traded fund that is based on the Indxx Global CleanTech index. The fund tracks a market-cap weighted index of global companies involved in the development and production of technologies that reduce negative impact on the environment. CTEC was launched on Oct 27, 2020 and is managed by Global X.