Short Interest in Global X Clean Tech ETF (NASDAQ:CTEC) Grows By 160.0%

Global X Clean Tech ETF (NASDAQ:CTEC) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 1,300 shares, an increase of 160.0% from the March 31st total of 500 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 28,800 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Global X Clean Tech ETF

An institutional investor recently raised its position in Global X Clean Tech ETF stock. Jane Street Group LLC grew its position in shares of Global X Clean Tech ETF (NASDAQ:CTEC) by 55.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 80,622 shares of the company’s stock after buying an additional 28,867 shares during the quarter. Jane Street Group LLC owned 1.75% of Global X Clean Tech ETF worth $547,000 as of its most recent filing with the Securities & Exchange Commission.

Global X Clean Tech ETF Stock Performance

NASDAQ CTEC traded up $0.08 on Monday, hitting $6.04. The stock had a trading volume of 3,348 shares, compared to its average volume of 20,386. Global X Clean Tech ETF has a 52-week low of $5.18 and a 52-week high of $10.07. The firm has a 50-day moving average of $6.19 and a 200-day moving average of $6.78. The company has a market capitalization of $18.91 million, a price-to-earnings ratio of 15.76 and a beta of 1.41.

About Global X Clean Tech 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.