ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) Shares Shorted: Short Interest Down 47.4% in September

ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 509 shares, a decline of 47.4% from the September 15th total of 967 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 983 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On ProShares S&P Kensho Cleantech ETF

A hedge fund recently raised its position in ProShares S&P Kensho Cleantech ETF stock. Citadel Advisors LLC increased its holdings in ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) by 17.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,892 shares of the company’s stock after buying 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 reporting period.

ProShares S&P Kensho Cleantech ETF Price Performance

NYSEARCA CTEX remained flat at $30.01 during trading on Wednesday. The stock’s fifty day moving average is $32.48 and its two-hundred day moving average is $37.36. The company has a market capitalization of $4.50 million, a P/E ratio of 21.78 and a beta of 1.73. ProShares S&P Kensho Cleantech ETF has a 1 year low of $30.01 and a 1 year high of $51.50.

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.