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

Global X PropTech ETF (NASDAQ:PTEC) saw a significant decline in short interest in January. As of January 15th, there was short interest totalling 200 shares, a decline of 66.7% from the December 31st total of 600 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 2.0 days.

Global X PropTech ETF Trading Up 1.1 %

PTEC stock traded up $0.37 during trading on Tuesday, hitting $35.58. The company had a trading volume of 7 shares, compared to its average volume of 124. The company has a fifty day moving average price of $34.49 and a two-hundred day moving average price of $33.20. Global X PropTech ETF has a fifty-two week low of $28.46 and a fifty-two week high of $36.76. The company has a market cap of $1.78 million, a P/E ratio of -1,186.13 and a beta of 1.45.

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.