Global X Clean Tech ETF (NASDAQ:CTEC) Short Interest Down 57.1% in June

Global X Clean Tech ETF (NASDAQ:CTEC) was the target of a large drop in short interest in June. As of June 15th, there was short interest totalling 5,400 shares, a drop of 57.1% from the May 31st total of 12,600 shares. Based on an average daily trading volume, of 12,900 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Global X Clean Tech ETF

A hedge fund recently raised its stake in Global X Clean Tech ETF stock. Tradition Wealth Management LLC boosted its stake in shares of Global X Clean Tech ETF (NASDAQ:CTEC) by 1,027.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 6,584 shares of the company’s stock after purchasing an additional 6,000 shares during the period. Tradition Wealth Management LLC owned approximately 0.12% of Global X Clean Tech ETF worth $71,000 at the end of the most recent quarter.

Global X Clean Tech ETF Stock Down 3.4 %

Shares of Global X Clean Tech ETF stock traded down $0.28 on Friday, reaching $7.97. The stock had a trading volume of 27,471 shares, compared to its average volume of 20,807. Global X Clean Tech ETF has a 1 year low of $7.97 and a 1 year high of $15.74. The company has a 50 day moving average price of $9.12 and a 200 day moving average price of $9.37. The stock has a market capitalization of $41.84 million, a P/E ratio of 7.95 and a beta of 1.41.

Global X Clean Tech ETF Announces Dividend

The firm also recently disclosed a Semi-Annual dividend, which will be paid on Friday, July 5th. Stockholders of record on Thursday, June 27th will be issued a dividend of $0.0253 per share. The ex-dividend date of this dividend is Thursday, June 27th.

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.