Short Interest in Global X PropTech ETF (NASDAQ:PTEC) Declines By 50.0%

Global X PropTech ETF (NASDAQ:PTEC) was the target of a significant decline in short interest in January. As of January 31st, there was short interest totalling 100 shares, a decline of 50.0% from the January 15th total of 200 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 0.5 days.

Global X PropTech ETF Stock Performance

PTEC traded down $0.06 during trading on Thursday, reaching $35.80. 456 shares of the company traded hands, compared to its average volume of 140. The company has a market cap of $1.79 million, a P/E ratio of -1,193.33 and a beta of 1.45. Global X PropTech ETF has a 12-month low of $28.46 and a 12-month high of $36.76. The firm has a fifty day simple moving average of $34.44 and a 200 day simple moving average of $33.51.

About Global X PropTech ETF

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.