Xtrackers MSCI Emerging Markets Climate Selection ETF (NYSEARCA:EMCS) Sees Significant Drop in Short Interest

Xtrackers MSCI Emerging Markets Climate Selection ETF (NYSEARCA:EMCS) was the recipient of a large drop in short interest in October. As of October 30th, there was short interest totaling 1,915 shares, a drop of 70.7% from the October 15th total of 6,542 shares. Based on an average trading volume of 3,196 shares, the short-interest ratio is presently 0.6 days. Approximately 0.0% of the shares of the stock are short sold.

Xtrackers MSCI Emerging Markets Climate Selection ETF Trading Down 0.5%

Shares of NYSEARCA EMCS traded down $0.21 during midday trading on Friday, hitting $42.74. 12,811 shares of the company’s stock were exchanged, compared to its average volume of 68,960. Xtrackers MSCI Emerging Markets Climate Selection ETF has a 12-month low of $33.76 and a 12-month high of $49.45. The company has a market cap of $1.02 billion, a price-to-earnings ratio of 10.63 and a beta of 0.80. The business’s fifty day moving average price is $45.22 and its two-hundred day moving average price is $43.25.

Xtrackers MSCI Emerging Markets Climate Selection ETF Company Profile

The Xtrackers MSCI Emerging Markets Climate Selection ETF (EMCS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging markets equities that meet specific ESG criteria. The index selects and weights securities through an optimization process designed to minimize the exposure to climate change risks. EMCS was launched on Dec 6, 2018 and is issued by Xtrackers.