iPath Series B Carbon ETN (NYSEARCA:GRN) Stock Falls 2.6% – Should You Sell?

iPath Series B Carbon ETN (NYSEARCA:GRN – Get Free Report) was down 2.6% during mid-day trading on Friday. The stock traded as low as $34.74 and last traded at $34.74. 66 shares changed hands during mid-day trading, a decline of 91% from the average session volume of 742 shares. The stock had previously closed at $35.67.

iPath Series B Carbon ETN Stock Down 2.6%

The business has a 50-day moving average price of $34.54 and a 200-day moving average price of $31.58. The firm has a market capitalization of $12.85 million, a price-to-earnings ratio of 3.02 and a beta of 0.19.

About iPath Series B Carbon ETN

(Get Free Report)

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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