Short Interest in Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) Declines By 54.8%

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) was the target of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 4,417 shares, a decline of 54.8% from the April 30th total of 9,770 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 2,175 shares, the short-interest ratio is presently 2.0 days.

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF Stock Performance

Shares of EMCR traded up $0.88 during mid-day trading on Monday, hitting $45.70. 388 shares of the company traded hands, compared to its average volume of 6,692. The stock has a market cap of $59.41 million, a price-to-earnings ratio of 15.47 and a beta of 0.71. Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF has a 1 year low of $30.93 and a 1 year high of $45.76. The stock has a 50-day moving average price of $41.13 and a two-hundred day moving average price of $39.37.

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.