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 recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 4,417 shares, a drop of 54.8% from the April 30th total of 9,770 shares. Based on an average daily volume of 2,175 shares, the days-to-cover ratio is presently 2.0 days. Approximately 0.3% of the shares of the company are short sold.

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF Price Performance

Shares of Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF stock traded up $0.04 during trading hours on Friday, hitting $44.82. 2,627 shares of the company’s stock traded hands, compared to its average volume of 6,754. Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF has a 12-month low of $30.67 and a 12-month high of $44.98. The stock has a market capitalization of $58.27 million, a price-to-earnings ratio of 15.47 and a beta of 0.71. The company has a fifty day simple moving average of $40.98 and a 200-day simple moving average of $39.30.

About Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF

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.