Global X PropTech ETF (NASDAQ:PTEC) Sees Significant Decrease in Short Interest

Global X PropTech ETF (NASDAQ:PTEC) was the recipient of a significant decline in short interest in October. As of October 31st, there was short interest totalling 300 shares, a decline of 25.0% from the October 15th total of 400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 3.0 days.

Global X PropTech ETF Trading Down 0.9 %

Shares of PTEC traded down $0.32 during trading hours on Friday, reaching $34.07. The stock had a trading volume of 1 shares, compared to its average volume of 200. The firm has a 50-day simple moving average of $33.43 and a 200 day simple moving average of $31.95. Global X PropTech ETF has a 12 month low of $26.68 and a 12 month high of $35.64. The company has a market capitalization of $3.41 million, a price-to-earnings ratio of -1,158.00 and a beta of 1.45.

Global X PropTech ETF Company Profile

The Global X PropTech ETF (PTEC) is an exchange-traded fund that is based on the Global X PropTech index. The fund tracks an index comprised of 50 global property technology companies, PropTechs, benefiting from innovations relating to residential and commercial real estate efficiency. Selection and weighting are based on market capitalization.