Pictet Cleaner Planet ETF (NYSEARCA:PCLN) Sees Large Increase in Short Interest

Pictet Cleaner Planet ETF (NYSEARCA:PCLN) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 5,377 shares, an increase of 999.6% from the August 31st total of 489 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average daily volume of 1,987 shares, the days-to-cover ratio is presently 2.7 days.

Pictet Cleaner Planet ETF Price Performance

PCLN traded up $0.40 during trading on Friday, reaching $30.39. 24 shares of the company’s stock were exchanged, compared to its average volume of 241. The company has a market cap of $15.80 million, a P/E ratio of 0.43 and a beta of -2.04. The firm has a 50 day moving average of $30.53. Pictet Cleaner Planet ETF has a fifty-two week low of $23.72 and a fifty-two week high of $33.66.