Invesco MSCI Global Climate 500 ETF (NYSEARCA:KLMT) Sees Large Decrease in Short Interest

Invesco MSCI Global Climate 500 ETF (NYSEARCA:KLMT) was the target of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totaling 1,461 shares, a decrease of 34.7% from the March 31st total of 2,237 shares. Based on an average trading volume of 1,574 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Invesco MSCI Global Climate 500 ETF

A hedge fund recently raised its stake in Invesco MSCI Global Climate 500 ETF stock. Jane Street Group LLC grew its position in 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 firm owned 37,334 shares of the company’s stock after acquiring an additional 21,801 shares during the quarter. Jane Street Group LLC owned about 0.08% of Invesco MSCI Global Climate 500 ETF worth $1,156,000 at the end of the most recent reporting period.

Invesco MSCI Global Climate 500 ETF Price Performance

Shares of KLMT traded up $0.53 during midday trading on Thursday, hitting $33.02. The stock had a trading volume of 9 shares, compared to its average volume of 1,090. Invesco MSCI Global Climate 500 ETF has a 1 year low of $25.98 and a 1 year high of $34.20. The firm has a market cap of $1.50 billion, a PE ratio of 21.97 and a beta of 0.87. The stock’s 50 day moving average is $31.40 and its 200 day moving average is $31.21.

About Invesco MSCI Global Climate 500 ETF

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.