iPath Series B Carbon ETN (NYSEARCA:GRN – Get Free Report) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 114 shares, a decline of 42.4% from the May 14th total of 198 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 677 shares, the short-interest ratio is presently 0.2 days.
Hedge Funds Weigh In On 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 holdings in iPath Series B Carbon ETN (NYSEARCA:GRN – Free Report) by 40.9% during the third 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 purchasing an additional 22,619 shares during the period. Flow Traders U.S. LLC owned about 10.40% of iPath Series B Carbon ETN worth $2,352,000 as of its most recent SEC filing.
iPath Series B Carbon ETN Price Performance
NYSEARCA GRN traded up $0.99 on Monday, hitting $31.70. 291 shares of the company were exchanged, compared to its average volume of 837. The firm has a market capitalization of $11.73 million, a P/E ratio of 3.02 and a beta of 0.18. iPath Series B Carbon ETN has a twelve month low of $25.02 and a twelve month high of $36.45. The company’s 50 day moving average price is $29.96 and its 200-day moving average price is $30.87.
About iPath Series B Carbon ETN
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.
See Also
- Five stocks we like better than iPath Series B Carbon ETN
- These 5 Companies Just Made a Massive Bet on Themselves
- 5 Stocks Built to Thrive in a Higher-for-Longer Economy
- RH’s Strong Q1 Still Leaves Investors With One Big Question
- Iran Ceasefire or Not, These 3 Companies Could Win
Receive News & Ratings for iPath Series B Carbon ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iPath Series B Carbon ETN and related companies with MarketBeat.com's FREE daily email newsletter.
