Short Interest in Global X PropTech ETF (NASDAQ:PTEC) Grows By 500.0%

Global X PropTech ETF (NASDAQ:PTEC) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totalling 600 shares, a growth of 500.0% from the November 30th total of 100 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 3.0 days.

Global X PropTech ETF Price Performance

Shares of PTEC stock traded down $0.42 during trading on Friday, reaching $33.59. The company’s stock had a trading volume of 3 shares, compared to its average volume of 208. Global X PropTech ETF has a 1-year low of $27.67 and a 1-year high of $36.76. The stock’s 50-day moving average price is $34.71 and its 200 day moving average price is $32.79. The company has a market capitalization of $3.36 million, a price-to-earnings ratio of -1,119.67 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.