KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) Sees Significant Increase in Short Interest

KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 72,760 shares, an increase of 266.5% from the November 30th total of 19,850 shares. Based on an average trading volume of 33,845 shares, the short-interest ratio is currently 2.1 days. Currently, 3.3% of the company’s shares are sold short. Currently, 3.3% of the company’s shares are sold short. Based on an average trading volume of 33,845 shares, the short-interest ratio is currently 2.1 days.

Institutional Investors Weigh In On KraneShares MSCI China Clean Technology Index ETF

A hedge fund recently bought a new stake in KraneShares MSCI China Clean Technology Index ETF stock. Jane Street Group LLC bought a new position in KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 13,112 shares of the company’s stock, valued at approximately $337,000. Jane Street Group LLC owned 0.69% of KraneShares MSCI China Clean Technology Index ETF at the end of the most recent quarter.

KraneShares MSCI China Clean Technology Index ETF Price Performance

Shares of KraneShares MSCI China Clean Technology Index ETF stock traded up $0.74 during trading hours on Friday, hitting $27.77. The company’s stock had a trading volume of 6,167 shares, compared to its average volume of 30,749. The company has a market capitalization of $61.09 million, a PE ratio of 17.37 and a beta of 0.60. The stock has a 50 day moving average of $28.78 and a 200 day moving average of $28.53. KraneShares MSCI China Clean Technology Index ETF has a 12 month low of $20.92 and a 12 month high of $32.95.

KraneShares MSCI China Clean Technology Index ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 22nd were issued a $0.2306 dividend. This represents a dividend yield of 84.0%. The ex-dividend date was Monday, December 22nd.

KraneShares MSCI China Clean Technology Index ETF Company Profile

The KraneShares MSCI China Clean Technology ETF (KGRN) is an exchange-traded fund that is based on the MSCI China IMI Environment 10-40 index. The fund tracks an index of Chinese companies that derive at least 50% of their revenue from products and services that benefit the environment. KGRN was launched on Oct 13, 2017 and is managed by KraneShares.