iPath Series B Carbon ETN (NYSEARCA:GRN) Short Interest Down 42.4% in May

iPath Series B Carbon ETN (NYSEARCA:GRN) saw a large decrease in short interest in May. As of May 29th, there was short interest totaling 114 shares, a decrease of 42.4% from the May 14th total of 198 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 677 shares, the days-to-cover ratio is currently 0.2 days.

iPath Series B Carbon ETN Stock Down 0.6%

iPath Series B Carbon ETN stock opened at $30.71 on Friday. The firm has a market cap of $11.36 million, a PE ratio of 3.02 and a beta of 0.18. iPath Series B Carbon ETN has a 52-week low of $25.02 and a 52-week high of $36.45. The company’s 50 day moving average is $29.89 and its two-hundred day moving average is $30.89.

Institutional Trading of iPath Series B Carbon ETN

An institutional investor recently raised its position in iPath Series B Carbon ETN stock. Flow Traders U.S. LLC increased its position in shares of iPath Series B Carbon ETN (NYSEARCA:GRN) by 40.9% during the third quarter, according to its most recent Form 13F filing with the 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 about 10.40% of iPath Series B Carbon ETN worth $2,352,000 at the end of the most recent reporting period.

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.