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

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

Global X PropTech ETF Trading Down 0.9 %

Shares of NASDAQ PTEC traded down $0.32 during mid-day trading on Friday, reaching $34.07. 1 shares of the company’s stock were exchanged, compared to its average volume of 200. Global X PropTech ETF has a twelve month low of $26.68 and a twelve month high of $35.64. The firm has a market capitalization of $3.41 million, a price-to-earnings ratio of -1,158.00 and a beta of 1.45. The business has a fifty day simple moving average of $33.43 and a 200 day simple moving average of $31.95.

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.