iPath Series B Carbon ETN (NYSEARCA:GRN) Short Interest Down 42.4% in May

iPath Series B Carbon ETN (NYSEARCA:GRN) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 114 shares, a decrease of 42.4% from the May 14th total of 198 shares. Based on an average daily volume of 677 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

iPath Series B Carbon ETN Trading Down 0.6%

Shares of NYSEARCA:GRN opened at $30.71 on Friday. iPath Series B Carbon ETN has a 52 week low of $25.02 and a 52 week high of $36.45. The company’s 50 day moving average is $29.89 and its two-hundred day moving average is $30.89. The company has a market cap of $11.36 million, a PE ratio of 3.02 and a beta of 0.18.

Institutional Investors Weigh In On iPath Series B Carbon ETN

An institutional investor recently raised its position in iPath Series B Carbon ETN stock. Flow Traders U.S. LLC raised its position in iPath Series B Carbon ETN (NYSEARCA:GRN) by 40.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 77,987 shares of the exchange traded fund’s stock after purchasing an additional 22,619 shares during the period. Flow Traders U.S. LLC owned 10.40% of iPath Series B Carbon ETN worth $2,352,000 as of its most recent filing with the Securities and Exchange Commission.

iPath Series B Carbon ETN Company Profile

The iPath Series B Carbon Exchange-Traded Notes (GRN) is an exchange-traded fund that is based on the Barclays Global Carbon II TR USD index. The fund is an ETN that tracks a liquidity-weighted index of carbon-related credit plans. The index holds December futures contracts on EUAs and CERs. GRN was launched on Sep 10, 2019 and is issued by iPath.