Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) Short Interest Up 583.8% in June

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 47,085 shares, an increase of 583.8% from the June 15th total of 6,886 shares. Currently, 3.5% of the company’s stock are short sold. Based on an average daily volume of 7,368 shares, the days-to-cover ratio is presently 6.4 days.

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF Stock Performance

Shares of NYSEARCA:EMCR traded down $1.16 during trading on Monday, reaching $42.82. 1,964 shares of the stock traded hands, compared to its average volume of 6,088. The stock has a market cap of $57.81 million, a P/E ratio of 15.47 and a beta of 0.72. The stock has a 50-day moving average of $43.98 and a two-hundred day moving average of $40.94. Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF has a 52-week low of $32.40 and a 52-week high of $46.27.

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.