Short Interest in KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) Grows By 209.7%

KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) was the recipient of a significant increase in short interest in January. As of January 30th, there was short interest totaling 4,840 shares, an increase of 209.7% from the January 15th total of 1,563 shares. Approximately 1.6% of the company’s stock are sold short. Based on an average daily trading volume, of 1,005 shares, the short-interest ratio is currently 4.8 days. Based on an average daily trading volume, of 1,005 shares, the short-interest ratio is currently 4.8 days. Approximately 1.6% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in KraneShares European Carbon Allowance Strategy ETF stock. Kestra Advisory Services LLC acquired a new stake in shares of KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,686 shares of the company’s stock, valued at approximately $76,000. Kestra Advisory Services LLC owned about 0.90% of KraneShares European Carbon Allowance Strategy ETF at the end of the most recent reporting period.

KraneShares European Carbon Allowance Strategy ETF Price Performance

Shares of KEUA traded down $0.68 on Friday, hitting $23.13. 2,213 shares of the stock traded hands, compared to its average volume of 2,530. KraneShares European Carbon Allowance Strategy ETF has a one year low of $19.08 and a one year high of $29.57. The business has a 50 day simple moving average of $27.93 and a 200 day simple moving average of $26.52.

KraneShares European Carbon Allowance Strategy ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 22nd were issued a $0.6448 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a dividend yield of 227.0%.

KraneShares European Carbon Allowance Strategy ETF Company Profile

The KraneShares European Carbon Allowance Strategy ETF (KEUA) is an exchange-traded fund that is based on the IHS Markit Carbon EUA index. The fund tracks a liquidity-weighted EUA carbon credit futures index. KEUA was launched on Oct 5, 2021 and is managed by KraneShares.