Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) Sees Significant Increase in Short Interest

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 56,476 shares, a growth of 263.2% from the December 31st total of 15,551 shares. Approximately 3.8% of the company’s shares are sold short. Based on an average daily volume of 7,394 shares, the days-to-cover ratio is currently 7.6 days. Based on an average daily volume of 7,394 shares, the days-to-cover ratio is currently 7.6 days. Approximately 3.8% of the company’s shares are sold short.

Hedge Funds Weigh In On Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF

An institutional investor recently raised its position in Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF stock. Flow Traders U.S. LLC increased its holdings in shares of Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) by 214.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 337,900 shares of the company’s stock after purchasing an additional 230,537 shares during the quarter. Flow Traders U.S. LLC owned 28.16% of Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF worth $10,942,000 at the end of the most recent reporting period.

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF Stock Performance

Shares of NYSEARCA EMCR traded up $0.17 during midday trading on Wednesday, reaching $40.72. 2,618 shares of the stock were exchanged, compared to its average volume of 9,579. The stock has a market capitalization of $61.08 million, a P/E ratio of 15.47 and a beta of 0.67. The company has a 50 day simple moving average of $37.51 and a 200 day simple moving average of $36.03. Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF has a twelve month low of $25.88 and a twelve month high of $40.78.

About Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF

The Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (EMCR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of large- and mid-cap emerging market stocks that are selected based on ESG criteria. Holdings are weighted in tiers, in favor of low carbon intensity EMCR was launched on Dec 6, 2018 and is managed by Xtrackers.