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

Global X Clean Tech ETF (NASDAQ:CTEC) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 2,600 shares, a decline of 55.2% from the June 30th total of 5,800 shares. Based on an average trading volume of 14,400 shares, the short-interest ratio is presently 0.2 days.

Global X Clean Tech ETF Price Performance

CTEC traded up $0.16 during midday trading on Friday, reaching $8.36. 5,929 shares of the company’s stock were exchanged, compared to its average volume of 20,349. The stock has a market capitalization of $43.05 million, a PE ratio of 7.95 and a beta of 1.41. The business’s 50-day moving average price is $8.90 and its 200 day moving average price is $9.09. Global X Clean Tech ETF has a 1-year low of $7.69 and a 1-year high of $14.96.

Global X Clean Tech ETF Dividend Announcement

The company also recently disclosed a Semi-Annual dividend, which was paid on Friday, July 5th. Investors of record on Thursday, June 27th were paid a dividend of $0.0253 per share. The ex-dividend date was Thursday, June 27th.

Hedge Funds Weigh In On Global X Clean Tech ETF

An institutional investor recently raised its position in Global X Clean Tech ETF stock. CreativeOne Wealth LLC raised its stake in shares of Global X Clean Tech ETF (NASDAQ:CTEC) by 13.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 68,617 shares of the company’s stock after purchasing an additional 8,375 shares during the period. CreativeOne Wealth LLC owned 1.24% of Global X Clean Tech ETF worth $742,000 at the end of the most recent reporting period.

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.