KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) Short Interest Down 22.3% in January

KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) saw a large drop in short interest in January. As of January 15th, there was short interest totaling 9,280 shares, a drop of 22.3% from the December 31st total of 11,938 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 24,711 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 24,711 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On KraneShares Global Carbon Strategy ETF

A number of large investors have recently made changes to their positions in KRBN. Farther Finance Advisors LLC acquired a new position in KraneShares Global Carbon Strategy ETF during the third quarter worth $49,000. PFG Investments LLC purchased a new position in shares of KraneShares Global Carbon Strategy ETF during the 2nd quarter worth $320,000. Sharp Financial Services LLC boosted its position in shares of KraneShares Global Carbon Strategy ETF by 12.8% during the 3rd quarter. Sharp Financial Services LLC now owns 11,077 shares of the company’s stock valued at $359,000 after acquiring an additional 1,254 shares during the last quarter. Maridea Wealth Management LLC purchased a new stake in shares of KraneShares Global Carbon Strategy ETF in the third quarter valued at about $449,000. Finally, Susquehanna International Group LLP acquired a new stake in KraneShares Global Carbon Strategy ETF during the third quarter worth about $1,154,000.

KraneShares Global Carbon Strategy ETF Price Performance

Shares of KraneShares Global Carbon Strategy ETF stock traded down $0.96 during trading hours on Friday, reaching $32.82. 64,806 shares of the company’s stock were exchanged, compared to its average volume of 48,490. The business has a fifty day moving average of $35.04 and a two-hundred day moving average of $33.23. KraneShares Global Carbon Strategy ETF has a 1 year low of $24.90 and a 1 year high of $36.50.

KraneShares Global Carbon Strategy ETF Announces Dividend

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

About KraneShares Global Carbon Strategy ETF

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.