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

Global X PropTech ETF (NASDAQ:PTEC) was the recipient of a significant growth in short interest in the month of 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. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 1.0 days. Approximately 0.4% of the shares of the company are sold short.

Global X PropTech ETF Stock Up 3.7 %

PTEC stock traded up $1.25 during trading on Friday, reaching $34.88. 31 shares of the company’s stock were exchanged, compared to its average volume of 153. Global X PropTech ETF has a 1-year low of $28.46 and a 1-year high of $37.10. The firm has a market cap of $1.74 million, a PE ratio of -1,162.67 and a beta of 1.45. The company’s fifty day moving average price is $35.01 and its 200-day moving average price is $34.23.

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.