Global X Clean Tech ETF (NASDAQ:CTEC) Short Interest Update

Global X Clean Tech ETF (NASDAQ:CTEC) was the recipient of a significant drop in short interest in April. As of April 15th, there was short interest totalling 300 shares, a drop of 85.7% from the March 31st total of 2,100 shares. Based on an average daily volume of 26,500 shares, the days-to-cover ratio is presently 0.0 days.

Global X Clean Tech ETF Trading Up 2.3 %

Shares of CTEC stock traded up $0.19 on Friday, reaching $8.63. The company’s stock had a trading volume of 10,295 shares, compared to its average volume of 24,718. The stock’s fifty day simple moving average is $9.14 and its 200-day simple moving average is $9.52. Global X Clean Tech ETF has a 1 year low of $8.30 and a 1 year high of $15.74. The company has a market capitalization of $45.74 million, a price-to-earnings ratio of 7.28 and a beta of 1.41.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CTEC. CreativeOne Wealth LLC grew its holdings in shares of Global X Clean Tech ETF by 11.0% in the third quarter. CreativeOne Wealth LLC now owns 60,242 shares of the company’s stock valued at $659,000 after purchasing an additional 5,977 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Global X Clean Tech ETF by 24.4% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 15,120 shares of the company’s stock valued at $165,000 after purchasing an additional 2,965 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Global X Clean Tech ETF in the third quarter valued at $536,000. Finally, Tradition Wealth Management LLC grew its holdings in shares of Global X Clean Tech ETF by 1,027.4% in the fourth quarter. Tradition Wealth Management LLC now owns 6,584 shares of the company’s stock valued at $71,000 after purchasing an additional 6,000 shares in the last quarter.

Global X Clean Tech ETF Company Profile

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.