Short Interest in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) Expands By 62.6%

KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 15,090 shares, an increase of 62.6% from the January 15th total of 9,280 shares. Based on an average daily trading volume, of 72,356 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 72,356 shares, the days-to-cover ratio is currently 0.2 days.

KraneShares Global Carbon Strategy ETF Stock Performance

Shares of NYSEARCA:KRBN traded down $0.59 on Friday, hitting $29.74. The company’s stock had a trading volume of 17,701 shares, compared to its average volume of 48,293. The company has a 50-day simple moving average of $34.60 and a 200 day simple moving average of $33.36. KraneShares Global Carbon Strategy ETF has a 1 year low of $24.90 and a 1 year high of $36.50.

KraneShares Global Carbon Strategy ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 22nd were paid a $0.6732 dividend. This represents a yield of 191.0%. The ex-dividend date of this dividend was Monday, December 22nd.

Hedge Funds Weigh In On KraneShares Global Carbon Strategy ETF

A number of institutional investors have recently made changes to their positions in KRBN. Jane Street Group LLC boosted its position in KraneShares Global Carbon Strategy ETF by 26.0% during the first quarter. Jane Street Group LLC now owns 177,537 shares of the company’s stock valued at $5,010,000 after buying an additional 36,676 shares during the period. Riverwater Partners LLC lifted its position in KraneShares Global Carbon Strategy ETF by 2.0% in the second quarter. Riverwater Partners LLC now owns 91,135 shares of the company’s stock valued at $2,706,000 after purchasing an additional 1,752 shares during the last quarter. Florin Court Capital LLP bought a new stake in KraneShares Global Carbon Strategy ETF in the second quarter valued at approximately $1,476,000. WBI Investments LLC boosted its stake in shares of KraneShares Global Carbon Strategy ETF by 45.0% during the second quarter. WBI Investments LLC now owns 67,357 shares of the company’s stock valued at $2,000,000 after purchasing an additional 20,905 shares during the period. Finally, Farther Finance Advisors LLC bought a new position in shares of KraneShares Global Carbon Strategy ETF in the third quarter worth approximately $49,000.

KraneShares Global Carbon Strategy ETF Company Profile

The KraneShares Global Carbon ETF (KRBN) is an exchange-traded fund that is based on the IHS Markit Global Carbon index. The fund seeks to track a carbon credit futures index that weights holdings based on trade volume. The fund holds December futures from three major cap-and-trade programs KRBN was launched on Jul 30, 2020 and is managed by KraneShares.