Invesco MSCI North America Climate ETF (NYSEARCA:KLMN) Sees Large Decrease in Short Interest

Invesco MSCI North America Climate ETF (NYSEARCA:KLMN) was the recipient of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 2,778 shares, a drop of 39.9% from the July 30th total of 4,622 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 702,153 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Invesco MSCI North America Climate ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC acquired a new position in Invesco MSCI North America Climate ETF in the 2nd quarter worth about $1,250,000. Flow Traders U.S. LLC grew its holdings in shares of Invesco MSCI North America Climate ETF by 135.6% during the third quarter. Flow Traders U.S. LLC now owns 76,911 shares of the company’s stock worth $2,102,000 after purchasing an additional 44,269 shares during the last quarter. Susquehanna International Group LLP grew its holdings in shares of Invesco MSCI North America Climate ETF by 35.4% during the third quarter. Susquehanna International Group LLP now owns 218,564 shares of the company’s stock worth $5,974,000 after purchasing an additional 57,202 shares during the last quarter. Finally, Varma Mutual Pension Insurance Co increased its stake in shares of Invesco MSCI North America Climate ETF by 9.2% in the fourth quarter. Varma Mutual Pension Insurance Co now owns 95,333,362 shares of the company’s stock valued at $2,675,817,000 after buying an additional 8,000,000 shares during the period.

Invesco MSCI North America Climate ETF Price Performance

Shares of KLMN remained flat at $31.72 on Monday. 340 shares of the company were exchanged, compared to its average volume of 1,491,526. The stock’s 50 day simple moving average is $31.02 and its 200 day simple moving average is $29.63. The stock has a market cap of $2.03 billion, a PE ratio of 25.22 and a beta of 1.01. Invesco MSCI North America Climate ETF has a twelve month low of $25.96 and a twelve month high of $32.07.

About Invesco MSCI North America Climate ETF

The Invesco MSCI North America Climate ETF (KLMN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index focused on mid- and large-cap US and Canadian companies, prioritizing a 10% annual reduction in greenhouse gas emissions and targeting firms with approved carbon reduction plans, aligning with global environmental goals. KLMN was launched on Dec 11, 2024 and is issued by Invesco.