ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) Short Interest Up 88.8% in June

ProShares S&P Kensho Cleantech ETF (NYSEARCA:CTEX) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 6,331 shares, an increase of 88.8% from the May 31st total of 3,354 shares. Based on an average daily trading volume, of 2,402 shares, the days-to-cover ratio is currently 2.6 days. Currently, 4.2% of the shares of the stock are sold short.

ProShares S&P Kensho Cleantech ETF Trading Down 0.2%

ProShares S&P Kensho Cleantech ETF stock traded down $0.07 during mid-day trading on Wednesday, hitting $43.99. The stock had a trading volume of 227 shares, compared to its average volume of 2,227. ProShares S&P Kensho Cleantech ETF has a one year low of $22.31 and a one year high of $51.50. The firm has a market capitalization of $6.60 million, a P/E ratio of 21.78 and a beta of 1.71. The firm’s 50 day moving average is $43.32 and its 200 day moving average is $39.39.

Institutional Trading of ProShares S&P Kensho Cleantech ETF

Institutional investors have recently made changes to their positions in the business. Susquehanna International Group LLP purchased a new position in ProShares S&P Kensho Cleantech ETF in the 3rd quarter worth approximately $215,000. Jane Street Group LLC bought a new stake in shares of ProShares S&P Kensho Cleantech ETF during the fourth quarter valued at approximately $368,000. Finally, SG Americas Securities LLC lifted its holdings in shares of ProShares S&P Kensho Cleantech ETF by 90.2% in the fourth 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 in the last quarter.

About ProShares S&P Kensho Cleantech ETF

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.