KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) Short Interest Down 54.8% in December

by · The Cerbat Gem

KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN – Get Free Report) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 32,871 shares, a decline of 54.8% from the December 15th total of 72,760 shares. Based on an average daily volume of 15,241 shares, the short-interest ratio is presently 2.2 days. Currently, 1.5% of the company’s shares are short sold. Currently, 1.5% of the company’s shares are short sold. Based on an average daily volume of 15,241 shares, the short-interest ratio is presently 2.2 days.

Hedge Funds Weigh In On KraneShares MSCI China Clean Technology Index ETF

An institutional investor recently bought a new position in KraneShares MSCI China Clean Technology Index ETF stock. Jane Street Group LLC acquired a new stake in KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 13,112 shares of the company’s stock, valued at approximately $337,000. Jane Street Group LLC owned about 0.69% of KraneShares MSCI China Clean Technology Index ETF as of its most recent SEC filing.

KraneShares MSCI China Clean Technology Index ETF Stock Down 1.2%

KraneShares MSCI China Clean Technology Index ETF stock traded down $0.34 during midday trading on Wednesday, reaching $27.96. The stock had a trading volume of 9,665 shares, compared to its average volume of 20,907. The firm has a market cap of $61.51 million, a price-to-earnings ratio of 17.37 and a beta of 0.60. KraneShares MSCI China Clean Technology Index ETF has a 52-week low of $21.31 and a 52-week high of $32.95. The company has a fifty day moving average of $28.14 and a 200 day moving average of $28.70.

KraneShares MSCI China Clean Technology Index ETF Dividend Announcement

The firm 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

(Get Free Report)

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.

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