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

iPath Series B Carbon ETN (NYSEARCA:GRN) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 904 shares, an increase of 84.5% from the February 12th total of 490 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 742 shares, the short-interest ratio is currently 1.2 days. Based on an average trading volume of 742 shares, the short-interest ratio is currently 1.2 days. Currently, 0.1% of the shares of the stock are sold short.

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 lifted its holdings in iPath Series B Carbon ETN (NYSEARCA:GRN) by 40.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 77,987 shares of the exchange traded fund’s stock after buying an additional 22,619 shares during the quarter. 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 quarter.

iPath Series B Carbon ETN Price Performance

GRN stock opened at $26.75 on Friday. The business has a fifty day moving average price of $31.33 and a 200 day moving average price of $31.61. iPath Series B Carbon ETN has a fifty-two week low of $24.09 and a fifty-two week high of $36.45. The stock has a market capitalization of $20.06 million, a price-to-earnings ratio of 3.02 and a beta of 0.47.

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.