iPath Series B Carbon ETN (NYSEARCA:GRN) Short Interest Update

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

iPath Series B Carbon ETN Stock Down 0.2%

Shares of NYSEARCA:GRN traded down $0.06 during trading on Tuesday, reaching $31.84. 1,268 shares of the company traded hands, compared to its average volume of 751. The firm has a fifty day simple moving average of $33.97 and a 200 day simple moving average of $31.54. iPath Series B Carbon ETN has a 1-year low of $24.09 and a 1-year high of $36.45. The firm has a market cap of $23.88 million, a P/E ratio of 3.02 and a beta of 0.47.

Institutional Trading of iPath Series B Carbon ETN

A hedge fund recently raised its stake in iPath Series B Carbon ETN stock. Flow Traders U.S. LLC grew its position in shares of iPath Series B Carbon ETN (NYSEARCA:GRN) by 40.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 77,987 shares of the exchange traded fund’s stock after buying an additional 22,619 shares during the period. Flow Traders U.S. LLC owned approximately 10.40% of iPath Series B Carbon ETN worth $2,352,000 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.