Short Interest in Invesco MSCI North America Climate ETF (NYSEARCA:KLMN) Grows By 502.5%

Invesco MSCI North America Climate ETF (NYSEARCA:KLMN) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 22,249 shares, a growth of 502.5% from the June 30th total of 3,693 shares. Based on an average daily trading volume, of 1,862,094 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On Invesco MSCI North America Climate ETF

A number of hedge funds have recently made changes to their positions in KLMN. Varma Mutual Pension Insurance Co increased its holdings in Invesco MSCI North America Climate ETF by 9.2% in the 4th quarter. Varma Mutual Pension Insurance Co now owns 95,333,362 shares of the company’s stock valued at $2,675,817,000 after purchasing an additional 8,000,000 shares during the last quarter. Susquehanna International Group LLP lifted its stake in 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 in the last quarter. Flow Traders U.S. LLC lifted its stake in 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 in the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of Invesco MSCI North America Climate ETF during the second quarter worth $1,250,000.

Invesco MSCI North America Climate ETF Stock Up 0.1%

KLMN stock traded up $0.03 during mid-day trading on Friday, hitting $30.36. 13 shares of the company were exchanged, compared to its average volume of 1,577,157. Invesco MSCI North America Climate ETF has a 12-month low of $25.58 and a 12-month high of $31.19. The firm has a market capitalization of $2.28 billion, a P/E ratio of 25.22 and a beta of 1.01. The business has a fifty day simple moving average of $30.60 and a 200-day simple moving average of $29.09.

Invesco MSCI North America Climate ETF Company Profile

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.