Short Interest in Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) Grows By 263.2%

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) saw a significant 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. Currently, 3.8% of the company’s shares are short sold. 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. Currently, 3.8% of the company’s shares are short sold.

Institutional Inflows and Outflows

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 position in shares of Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) by 214.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 337,900 shares of the company’s stock after acquiring an additional 230,537 shares during the period. Flow Traders U.S. LLC owned approximately 28.16% of Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF worth $10,942,000 as of its most recent filing with the Securities & Exchange Commission.

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF Price Performance

EMCR traded down $0.73 during midday trading on Friday, reaching $39.76. 1,189 shares of the company’s stock traded hands, compared to its average volume of 9,204. Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF has a 52 week low of $25.88 and a 52 week high of $40.78. The firm has a fifty day moving average of $37.60 and a two-hundred day moving average of $36.06. The stock has a market capitalization of $59.64 million, a price-to-earnings ratio of 15.47 and a beta of 0.67.

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.