Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) Short Interest Down 35.9% in July

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 30,169 shares, a decrease of 35.9% from the June 30th total of 47,085 shares. Based on an average daily volume of 4,091 shares, the days-to-cover ratio is presently 7.4 days. Approximately 2.2% of the shares of the stock are sold short.

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF Stock Performance

EMCR traded up $0.31 during trading on Friday, reaching $42.01. 2,762 shares of the company traded hands, compared to its average volume of 5,807. The company has a market cap of $58.81 million, a P/E ratio of 15.47 and a beta of 0.72. Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF has a 12-month low of $32.40 and a 12-month high of $46.27. The firm has a fifty day simple moving average of $43.58 and a 200 day simple moving average of $41.38.

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.