KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) Stock Short Interest Report for October

KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 138 shares, a growth of 130.0% from the September 30th total of 60 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 371 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On KraneShares Sustainable Ultra Short Duration Index ETF

An institutional investor recently bought a new position in KraneShares Sustainable Ultra Short Duration Index ETF stock. Ascentis Independent Advisors purchased a new position in shares of KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 5,766 shares of the company’s stock, valued at approximately $144,000. Ascentis Independent Advisors owned approximately 0.08% of KraneShares Sustainable Ultra Short Duration Index ETF at the end of the most recent reporting period.

KraneShares Sustainable Ultra Short Duration Index ETF Stock Up 0.0%

KraneShares Sustainable Ultra Short Duration Index ETF stock traded up $0.01 during trading hours on Friday, reaching $25.03. 608 shares of the stock were exchanged, compared to its average volume of 9,680. KraneShares Sustainable Ultra Short Duration Index ETF has a 52-week low of $24.99 and a 52-week high of $25.26. The firm’s 50 day moving average is $25.06 and its 200 day moving average is $25.08.

KraneShares Sustainable Ultra Short Duration Index ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Thursday, October 29th were issued a $0.0797 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 3.8%. This is a decrease from KraneShares Sustainable Ultra Short Duration Index ETF’s previous monthly dividend of $0.0875. The ex-dividend date of this dividend was Thursday, October 29th.

KraneShares Sustainable Ultra Short Duration Index ETF Company Profile

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.