Global X Clean Tech ETF (NASDAQ:CTEC) Short Interest Up 3,904.3% in March

Global X Clean Tech ETF (NASDAQ:CTEC) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 92,100 shares, a growth of 3,904.3% from the February 28th total of 2,300 shares. Approximately 2.0% of the shares of the stock are short sold. Based on an average trading volume of 23,700 shares, the short-interest ratio is currently 3.9 days.

Global X Clean Tech ETF Price Performance

CTEC stock traded down $0.02 during mid-day trading on Thursday, reaching $6.31. 908 shares of the company’s stock were exchanged, compared to its average volume of 16,563. The company has a market cap of $29.09 million, a price-to-earnings ratio of 14.29 and a beta of 1.41. Global X Clean Tech ETF has a 12-month low of $6.11 and a 12-month high of $10.07. The stock’s 50 day moving average is $6.66 and its 200 day moving average is $7.14.

Global X Clean Tech ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were given a $0.0804 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Trading of Global X Clean Tech ETF

Several large investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC grew its holdings in shares of Global X Clean Tech ETF by 11.9% during the third quarter. Integrated Wealth Concepts LLC now owns 13,735 shares of the company’s stock worth $115,000 after buying an additional 1,466 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in Global X Clean Tech ETF in the 3rd quarter worth approximately $132,000. LPL Financial LLC grew its position in shares of Global X Clean Tech ETF by 41.2% in the fourth quarter. LPL Financial LLC now owns 32,994 shares of the company’s stock valued at $224,000 after purchasing an additional 9,623 shares in the last quarter. CreativeOne Wealth LLC lifted its position in Global X Clean Tech ETF by 5.1% during the third quarter. CreativeOne Wealth LLC now owns 56,798 shares of the company’s stock worth $475,000 after buying an additional 2,763 shares in the last quarter. Finally, Jane Street Group LLC boosted its stake in Global X Clean Tech ETF by 55.8% during the fourth quarter. Jane Street Group LLC now owns 80,622 shares of the company’s stock worth $547,000 after buying an additional 28,867 shares during the last quarter.

About Global X Clean Tech ETF

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.