Global X CleanTech ETF (NASDAQ:CTEC) Stock Short Interest Report for September

Global X CleanTech ETF (NASDAQ:CTEC) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 3,773 shares, a growth of 922.5% from the September 15th total of 369 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily volume of 1,657 shares, the short-interest ratio is currently 2.3 days.

Global X CleanTech ETF Stock Performance

Shares of NASDAQ CTEC traded up $0.65 during midday trading on Friday, hitting $56.36. 1,227 shares of the company’s stock traded hands, compared to its average volume of 3,669. Global X CleanTech ETF has a 1 year low of $50.50 and a 1 year high of $83.01. The stock has a market capitalization of $24.80 million, a price-to-earnings ratio of 15.62 and a beta of 1.56. The firm has a fifty day moving average of $57.33 and a 200 day moving average of $61.79.

Institutional Trading of Global X CleanTech ETF

A hedge fund recently bought a new stake in Global X CleanTech ETF stock. Integrated Wealth Concepts LLC purchased a new position in Global X CleanTech ETF (NASDAQ:CTEC) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 2,628 shares of the company’s stock, valued at approximately $170,000. Integrated Wealth Concepts LLC owned 0.60% of Global X CleanTech ETF at the end of the most recent quarter.

About Global X CleanTech 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.