KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) Short Interest Update

KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 15,090 shares, an increase of 62.6% from the January 15th total of 9,280 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 72,356 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 72,356 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Investors Weigh In On KraneShares Global Carbon Strategy ETF

A number of institutional investors and hedge funds have recently bought and sold shares of KRBN. Florin Court Capital LLP purchased a new stake in shares of KraneShares Global Carbon Strategy ETF in the 2nd quarter valued at about $1,476,000. WBI Investments LLC increased its position in KraneShares Global Carbon Strategy ETF by 45.0% during the second quarter. WBI Investments LLC now owns 67,357 shares of the company’s stock worth $2,000,000 after buying an additional 20,905 shares during the period. Maridea Wealth Management LLC purchased a new stake in KraneShares Global Carbon Strategy ETF in the third quarter valued at approximately $449,000. Flow Traders U.S. LLC boosted its holdings in shares of KraneShares Global Carbon Strategy ETF by 203.9% in the third quarter. Flow Traders U.S. LLC now owns 155,250 shares of the company’s stock valued at $5,030,000 after acquiring an additional 104,172 shares during the period. Finally, Prime Capital Investment Advisors LLC purchased a new position in shares of KraneShares Global Carbon Strategy ETF during the fourth quarter worth approximately $1,260,000.

KraneShares Global Carbon Strategy ETF Stock Performance

KRBN traded down $0.59 on Friday, reaching $29.74. The company’s stock had a trading volume of 17,701 shares, compared to its average volume of 48,293. KraneShares Global Carbon Strategy ETF has a fifty-two week low of $24.90 and a fifty-two week high of $36.50. The stock has a 50 day moving average of $34.60 and a two-hundred day moving average of $33.32.

KraneShares Global Carbon Strategy ETF Announces Dividend

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

KraneShares Global Carbon Strategy ETF Company Profile

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.