Xtrackers MSCI Emerging Markets Climate Selection ETF (NYSEARCA:EMCS) Short Interest Up 211.2% in July

Xtrackers MSCI Emerging Markets Climate Selection ETF (NYSEARCA:EMCS) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 15,833 shares, a growth of 211.2% from the June 30th total of 5,087 shares. Based on an average trading volume of 118,481 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

Xtrackers MSCI Emerging Markets Climate Selection ETF Stock Performance

Shares of NYSEARCA EMCS opened at $43.20 on Monday. Xtrackers MSCI Emerging Markets Climate Selection ETF has a 52-week low of $30.74 and a 52-week high of $49.45. The stock has a market cap of $969.84 million, a P/E ratio of 14.10 and a beta of 0.76. The firm has a 50 day moving average price of $45.57 and a 200 day moving average price of $41.66.

Hedge Funds Weigh In On Xtrackers MSCI Emerging Markets Climate Selection ETF

A hedge fund recently bought a new position in Xtrackers MSCI Emerging Markets Climate Selection ETF stock. Ascentis Independent Advisors purchased a new stake in Xtrackers MSCI Emerging Markets Climate Selection ETF (NYSEARCA:EMCS) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 680 shares of the company’s stock, valued at approximately $25,000.

About Xtrackers MSCI Emerging Markets Climate Selection ETF

The Xtrackers MSCI Emerging Markets Climate Selection ETF (EMCS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging markets equities that meet specific ESG criteria. The index selects and weights securities through an optimization process designed to minimize the exposure to climate change risks. EMCS was launched on Dec 6, 2018 and is issued by Xtrackers.