Short Interest in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) Declines By 73.7%

by · The Cerbat Gem

KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN – Get Free Report) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 11,938 shares, a drop of 73.7% from the December 15th total of 45,383 shares. Based on an average daily trading volume, of 50,150 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 50,150 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On KraneShares Global Carbon Strategy ETF

Several large investors have recently made changes to their positions in the business. Jane Street Group LLC lifted its position in KraneShares Global Carbon Strategy ETF by 26.0% during the first quarter. Jane Street Group LLC now owns 177,537 shares of the company’s stock valued at $5,010,000 after purchasing an additional 36,676 shares during the period. Flow Traders U.S. LLC lifted its holdings in shares of KraneShares Global Carbon Strategy ETF by 203.9% during the 3rd quarter. Flow Traders U.S. LLC now owns 155,250 shares of the company’s stock valued at $5,030,000 after buying an additional 104,172 shares during the period. WBI Investments LLC boosted its stake in shares of KraneShares Global Carbon Strategy ETF by 51.0% in the 3rd quarter. WBI Investments LLC now owns 101,677 shares of the company’s stock worth $3,294,000 after buying an additional 34,320 shares during the last quarter. Riverwater Partners LLC grew its holdings in shares of KraneShares Global Carbon Strategy ETF by 2.0% in the second quarter. Riverwater Partners LLC now owns 91,135 shares of the company’s stock worth $2,706,000 after acquiring an additional 1,752 shares during the period. Finally, Florin Court Capital LLP bought a new stake in shares of KraneShares Global Carbon Strategy ETF in the second quarter worth $1,476,000.

KraneShares Global Carbon Strategy ETF Price Performance

KRBN traded down $0.11 during trading on Tuesday, reaching $35.82. The stock had a trading volume of 16,313 shares, compared to its average volume of 24,217. The stock’s 50 day moving average is $34.69 and its two-hundred day moving average is $32.74. KraneShares Global Carbon Strategy ETF has a one year low of $24.90 and a one year high of $36.37.

KraneShares Global Carbon Strategy ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 22nd were paid a dividend of $0.6732 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a yield of 191.0%.

About KraneShares Global Carbon Strategy ETF

(Get Free Report)

The KraneShares Global Carbon ETF (KRBN) is an exchange-traded fund that is based on the IHS Markit Global Carbon index. The fund seeks to track a carbon credit futures index that weights holdings based on trade volume. The fund holds December futures from three major cap-and-trade programs KRBN was launched on Jul 30, 2020 and is managed by KraneShares.

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