Short Interest in Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) Drops By 27.1%
by Teresa Graham · The Cerbat GemXtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR – Get Free Report) was the recipient of a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 7,985 shares, a decline of 27.1% from the March 15th total of 10,957 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 24,705 shares, the days-to-cover ratio is currently 0.3 days.
Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF Stock Performance
Shares of EMCR traded up $0.23 during midday trading on Thursday, hitting $41.06. 5,809 shares of the stock traded hands, compared to its average volume of 8,772. Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF has a 1-year low of $28.23 and a 1-year high of $42.03. The firm has a market capitalization of $53.38 million, a PE ratio of 15.47 and a beta of 0.66. The business’s 50 day moving average price is $39.28 and its two-hundred day moving average price is $38.06.
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.