Short Interest in Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) Rises By 108.4%

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 3,112 shares, a growth of 108.4% from the July 30th total of 1,493 shares. Based on an average daily volume of 1,857 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.2% of the company’s shares are sold short.

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF Stock Performance

NYSEARCA:EMCR opened at $43.73 on Monday. The stock’s 50-day moving average is $43.09 and its 200-day moving average is $41.92. Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF has a 1-year low of $33.69 and a 1-year high of $46.27. The stock has a market cap of $61.22 million, a P/E ratio of 15.47 and a beta of 0.73.

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.