Short Interest in Invesco MSCI Global Climate 500 ETF (NYSEARCA:KLMT) Drops By 35.4%

Invesco MSCI Global Climate 500 ETF (NYSEARCA:KLMT) was the recipient of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 594 shares, a drop of 35.4% from the February 12th total of 920 shares. Based on an average daily trading volume, of 470 shares, the short-interest ratio is presently 1.3 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 470 shares, the short-interest ratio is presently 1.3 days.

Invesco MSCI Global Climate 500 ETF Stock Performance

NYSEARCA:KLMT traded down $0.24 during trading hours on Friday, hitting $30.39. The stock had a trading volume of 317 shares, compared to its average volume of 474. The business’s 50 day moving average is $31.66 and its 200-day moving average is $30.90. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 21.97 and a beta of 0.81. Invesco MSCI Global Climate 500 ETF has a one year low of $22.63 and a one year high of $32.59.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Invesco MSCI Global Climate 500 ETF stock. Jane Street Group LLC boosted its holdings in shares of Invesco MSCI Global Climate 500 ETF (NYSEARCA:KLMT) by 140.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,334 shares of the company’s stock after acquiring an additional 21,801 shares during the period. Jane Street Group LLC owned approximately 0.08% of Invesco MSCI Global Climate 500 ETF worth $1,156,000 as of its most recent filing with the Securities and Exchange Commission.

Invesco MSCI Global Climate 500 ETF Company Profile

The Invesco MSCI Global Climate 500 ETF (KLMT) is an exchange-traded fund that is based on the MSCI ACWI Select Climate 500 index. The fund tracks an index of 500 global equities that meet specific ESG criteria. The index selects and weights securities through an optimization process designed to minimize the exposure to climate change risks. KLMT was launched on Jun 26, 2024 and is issued by Invesco.