Short Interest in Global X PropTech ETF (NASDAQ:PTEC) Expands By 100.0%

Global X PropTech ETF (NASDAQ:PTEC) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 200 shares, a growth of 100.0% from the February 13th total of 100 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average trading volume of 200 shares, the short-interest ratio is presently 1.0 days.

Global X PropTech ETF Price Performance

Global X PropTech ETF stock traded up $1.25 during midday trading on Friday, hitting $34.88. 31 shares of the stock were exchanged, compared to its average volume of 153. The company has a 50 day moving average price of $35.01 and a two-hundred day moving average price of $34.23. The firm has a market cap of $1.74 million, a P/E ratio of -1,162.67 and a beta of 1.45. Global X PropTech ETF has a 1 year low of $28.46 and a 1 year high of $37.10.

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.