Global X CleanTech ETF (NASDAQ:CTEC) Sees Large Drop in Short Interest

Global X CleanTech ETF (NASDAQ:CTECGet Free Report) was the target of a significant drop in short interest in August. As of August 15th, there was short interest totaling 300 shares, adropof90.6% from the July 31st total of 3,200 shares. Based on an average daily trading volume, of 8,000 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 8,000 shares, the days-to-cover ratio is presently 0.0 days.

Global X CleanTech ETF Stock Performance

Shares of CTEC stock traded down $1.35 during trading hours on Tuesday, reaching $42.37. The company had a trading volume of 1,163 shares, compared to its average volume of 4,136. Global X CleanTech ETF has a twelve month low of $25.90 and a twelve month high of $44.69. The company has a market capitalization of $116.94 million, a P/E ratio of 15.62 and a beta of 1.41. The stock’s fifty day simple moving average is $8.13 and its 200 day simple moving average is $6.99.

Global X CleanTech ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, July 7th. Shareholders of record on Friday, June 27th were paid a dividend of $0.0235 per share. The ex-dividend date was Friday, June 27th.

Institutional Investors Weigh In On Global X CleanTech ETF

A number of hedge funds have recently bought and sold shares of CTEC. Jane Street Group LLC grew its stake in Global X CleanTech ETF by 55.8% during the 4th 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 in the last quarter. Flow Traders U.S. LLC grew its stake in Global X CleanTech ETF by 58.4% during the 1st quarter. Flow Traders U.S. LLC now owns 131,459 shares of the company’s stock valued at $787,000 after purchasing an additional 48,444 shares in the last quarter. rebel Financial LLC acquired a new stake in Global X CleanTech ETF during the 2nd quarter valued at approximately $112,000. Raymond James Financial Inc. acquired a new stake in Global X CleanTech ETF during the 2nd quarter valued at approximately $26,000. Finally, BLVD Private Wealth LLC acquired a new stake in Global X CleanTech ETF during the 2nd quarter valued at approximately $1,252,000.

About Global X CleanTech ETF

(Get Free Report)

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.

See Also

Receive News & Ratings for Global X CleanTech ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X CleanTech ETF and related companies with MarketBeat.com's FREE daily email newsletter.