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

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) saw a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 10,957 shares, a drop of 38.2% from the February 26th total of 17,738 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily trading volume, of 3,979 shares, the days-to-cover ratio is presently 2.8 days.

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF Stock Performance

Shares of EMCR stock traded down $0.13 during midday trading on Friday, hitting $36.56. 2,602 shares of the company were exchanged, compared to its average volume of 9,924. Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF has a 52 week low of $25.88 and a 52 week high of $42.03. The firm has a market capitalization of $54.84 million, a P/E ratio of 15.47 and a beta of 0.67. The firm’s 50 day moving average price is $39.57 and its two-hundred day moving average price is $37.83.

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 lifted its stake in shares of Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) by 214.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor 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 as of its most recent SEC filing.

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF Company Profile

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.