Short Interest in KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) Rises By 266.5%

KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 72,760 shares, an increase of 266.5% from the November 30th total of 19,850 shares. Currently, 3.3% of the company’s shares are sold short. Based on an average daily trading volume, of 33,845 shares, the days-to-cover ratio is currently 2.1 days. Based on an average daily trading volume, of 33,845 shares, the days-to-cover ratio is currently 2.1 days. Currently, 3.3% of the company’s shares are sold short.

Institutional Trading of KraneShares MSCI China Clean Technology Index ETF

An institutional investor recently bought a new position in KraneShares MSCI China Clean Technology Index ETF stock. Jane Street Group LLC bought a new position in KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 13,112 shares of the company’s stock, valued at approximately $337,000. Jane Street Group LLC owned about 0.69% of KraneShares MSCI China Clean Technology Index ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

KraneShares MSCI China Clean Technology Index ETF Stock Performance

NYSEARCA KGRN traded up $0.74 during trading on Friday, reaching $27.77. 6,167 shares of the company’s stock were exchanged, compared to its average volume of 30,749. The company has a 50 day moving average price of $28.78 and a two-hundred day moving average price of $28.53. The stock has a market cap of $61.09 million, a P/E ratio of 17.37 and a beta of 0.60. KraneShares MSCI China Clean Technology Index ETF has a 1 year low of $20.92 and a 1 year high of $32.95.

KraneShares MSCI China Clean Technology Index ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 22nd were paid a dividend of $0.2306 per share. The ex-dividend date was Monday, December 22nd. This represents a yield of 84.0%.

KraneShares MSCI China Clean Technology Index ETF Company Profile

The KraneShares MSCI China Clean Technology ETF (KGRN) is an exchange-traded fund that is based on the MSCI China IMI Environment 10-40 index. The fund tracks an index of Chinese companies that derive at least 50% of their revenue from products and services that benefit the environment. KGRN was launched on Oct 13, 2017 and is managed by KraneShares.