iPath Series B Carbon ETN (NYSEARCA:GRN – Get Free Report) was the target of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 904 shares, a growth of 84.5% from the February 12th total of 490 shares. Based on an average daily volume of 742 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 742 shares, the days-to-cover ratio is currently 1.2 days.
iPath Series B Carbon ETN Stock Performance
GRN traded up $0.45 during trading on Friday, reaching $27.20. The company had a trading volume of 423 shares, compared to its average volume of 778. The firm’s 50-day simple moving average is $31.19 and its 200 day simple moving average is $31.60. The company has a market cap of $20.40 million, a price-to-earnings ratio of 3.02 and a beta of 0.47. iPath Series B Carbon ETN has a 12-month low of $24.09 and a 12-month high of $36.45.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in iPath Series B Carbon ETN stock. Flow Traders U.S. LLC increased its position in shares of iPath Series B Carbon ETN (NYSEARCA:GRN – Free Report) by 140.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,368 shares of the exchange traded fund’s stock after acquiring an additional 32,338 shares during the quarter. Flow Traders U.S. LLC owned 7.38% of iPath Series B Carbon ETN worth $1,512,000 as of its most recent SEC filing.
About iPath Series B Carbon ETN
The iPath Series B Carbon Exchange-Traded Notes (GRN) is an exchange-traded fund that is based on the Barclays Global Carbon II TR USD index. The fund is an ETN that tracks a liquidity-weighted index of carbon-related credit plans. The index holds December futures contracts on EUAs and CERs. GRN was launched on Sep 10, 2019 and is issued by iPath.
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