Short Interest in iPath Series B Carbon ETN (NYSEARCA:GRN) Rises By 35.5%

iPath Series B Carbon ETN (NYSEARCA:GRN) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 1,072 shares, an increase of 35.5% from the December 31st total of 791 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 671 shares, the short-interest ratio is presently 1.6 days. Based on an average daily volume of 671 shares, the short-interest ratio is presently 1.6 days. Currently, 0.1% of the company’s shares are short sold.

iPath Series B Carbon ETN Stock Up 2.9%

iPath Series B Carbon ETN stock opened at $32.84 on Tuesday. iPath Series B Carbon ETN has a 12-month low of $24.09 and a 12-month high of $36.45. The company has a market capitalization of $24.63 million, a PE ratio of 3.02 and a beta of 0.47. The firm’s fifty day moving average is $33.97 and its 200 day moving average is $31.54.

Institutional Investors Weigh In On iPath Series B Carbon ETN

An institutional investor recently bought a new position in iPath Series B Carbon ETN stock. Ameriflex Group Inc. purchased a new stake in shares of iPath Series B Carbon ETN (NYSEARCA:GRN) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 1,504 shares of the exchange traded fund’s stock, valued at approximately $42,000. Ameriflex Group Inc. owned about 0.20% of iPath Series B Carbon ETN at the end of the most recent quarter.

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.