KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) Short Interest Update

KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,775 shares, an increase of 240.7% from the April 30th total of 1,108 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 12,082 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On KraneShares Sustainable Ultra Short Duration Index ETF

Hedge funds have recently made changes to their positions in the company. Ascentis Independent Advisors purchased a new position in shares of KraneShares Sustainable Ultra Short Duration Index ETF during the first quarter worth about $144,000. Jane Street Group LLC grew its holdings in shares of KraneShares Sustainable Ultra Short Duration Index ETF by 35.3% during the fourth quarter. Jane Street Group LLC now owns 18,990 shares of the company’s stock worth $476,000 after purchasing an additional 4,954 shares during the last quarter. Finally, Krane Funds Advisors LLC grew its holdings in shares of KraneShares Sustainable Ultra Short Duration Index ETF by 12.2% during the third quarter. Krane Funds Advisors LLC now owns 8,057,400 shares of the company’s stock worth $202,563,000 after purchasing an additional 875,800 shares during the last quarter.

KraneShares Sustainable Ultra Short Duration Index ETF Stock Performance

Shares of KCSH stock remained flat at $25.04 during mid-day trading on Friday. The company’s stock had a trading volume of 113 shares, compared to its average volume of 12,127. The firm’s 50-day moving average price is $25.08 and its two-hundred day moving average price is $25.09. KraneShares Sustainable Ultra Short Duration Index ETF has a 12 month low of $25.01 and a 12 month high of $25.26.

About KraneShares Sustainable Ultra Short Duration Index ETF

The KraneShares Sustainable Ultra Short Duration Index ETF (KCSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to provide a green cash option to investors. The fund is passively managed, seeking to provide current income through ultra-short duration, USD-denominated, investment grade corporate bonds KCSH was launched on Jul 26, 2024 and is issued by KraneShares.