Short Interest in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) Declines By 73.7%

KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) saw a significant decline in short interest in December. As of December 31st, there was short interest totaling 11,938 shares, a decline of 73.7% from the December 15th total of 45,383 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 50,150 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 50,150 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On KraneShares Global Carbon Strategy ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. PFG Investments LLC purchased a new stake in shares of KraneShares Global Carbon Strategy ETF during the 2nd quarter valued at about $320,000. Florin Court Capital LLP purchased a new position in KraneShares Global Carbon Strategy ETF in the second quarter worth about $1,476,000. WBI Investments LLC increased its stake in 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 worth $2,000,000 after acquiring an additional 20,905 shares during the last quarter. Riverwater Partners LLC increased its stake in KraneShares Global Carbon Strategy ETF by 2.0% during the second quarter. Riverwater Partners LLC now owns 91,135 shares of the company’s stock worth $2,706,000 after acquiring an additional 1,752 shares during the last quarter. Finally, Jane Street Group LLC raised 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 purchasing an additional 36,676 shares during the period.

KraneShares Global Carbon Strategy ETF Price Performance

KraneShares Global Carbon Strategy ETF stock traded down $0.11 during midday trading on Tuesday, reaching $35.82. 16,313 shares of the stock traded hands, compared to its average volume of 24,217. The stock’s fifty day moving average is $34.69 and its 200-day moving average is $32.74. KraneShares Global Carbon Strategy ETF has a 12 month low of $24.90 and a 12 month high of $36.37.

KraneShares Global Carbon Strategy ETF Dividend Announcement

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

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.