KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) Sees Significant Decline in Short Interest

KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUAGet Free Report) saw a significant drop in short interest in February. As of February 27th, there was short interest totaling 2,975 shares, a drop of 27.2% from the February 12th total of 4,084 shares. Based on an average daily volume of 1,208 shares, the days-to-cover ratio is currently 2.5 days. Approximately 1.0% of the company’s stock are short sold. Approximately 1.0% of the company’s stock are short sold. Based on an average daily volume of 1,208 shares, the days-to-cover ratio is currently 2.5 days.

Institutional Trading of KraneShares European Carbon Allowance Strategy ETF

A hedge fund recently bought a new stake in KraneShares European Carbon Allowance Strategy ETF stock. Kestra Advisory Services LLC purchased a new stake in shares of KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUAFree Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,686 shares of the company’s stock, valued at approximately $76,000. Kestra Advisory Services LLC owned approximately 0.90% of KraneShares European Carbon Allowance Strategy ETF at the end of the most recent reporting period.

KraneShares European Carbon Allowance Strategy ETF Trading Down 0.2%

KraneShares European Carbon Allowance Strategy ETF stock traded down $0.05 during trading on Monday, hitting $22.82. 270 shares of the company were exchanged, compared to its average volume of 1,926. The business’s 50 day moving average is $25.80 and its 200 day moving average is $26.44. KraneShares European Carbon Allowance Strategy ETF has a 52 week low of $19.08 and a 52 week high of $29.57.

KraneShares European Carbon Allowance Strategy ETF Dividend Announcement

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

About KraneShares European Carbon Allowance Strategy ETF

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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.

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