KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) Short Interest Update

by · The Cerbat Gem

KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN – Get Free Report) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 51,872 shares, a growth of 57.8% from the December 31st total of 32,871 shares. Approximately 2.4% of the company’s stock are short sold. Based on an average daily volume of 19,080 shares, the days-to-cover ratio is currently 2.7 days. Based on an average daily volume of 19,080 shares, the days-to-cover ratio is currently 2.7 days. Approximately 2.4% of the company’s stock are short sold.

Institutional Trading of KraneShares MSCI China Clean Technology Index ETF

A hedge fund recently bought a new stake in KraneShares MSCI China Clean Technology Index ETF stock. LFA Lugano Financial Advisors SA bought a new position in shares of KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 4,696 shares of the company’s stock, valued at approximately $127,000. LFA Lugano Financial Advisors SA owned about 0.21% of KraneShares MSCI China Clean Technology Index ETF at the end of the most recent reporting period.

KraneShares MSCI China Clean Technology Index ETF Trading Down 1.3%

Shares of NYSEARCA:KGRN traded down $0.36 during trading on Monday, reaching $26.86. The stock had a trading volume of 13,387 shares, compared to its average volume of 15,509. The firm’s 50-day simple moving average is $27.69 and its 200 day simple moving average is $28.79. KraneShares MSCI China Clean Technology Index ETF has a one year low of $21.31 and a one year high of $32.95. The company has a market capitalization of $59.09 million, a P/E ratio of 17.37 and a beta of 0.60.

KraneShares MSCI China Clean Technology Index ETF Announces Dividend

The company also recently declared an annual dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 22nd were issued a $0.2306 dividend. This represents a yield of 84.0%. The ex-dividend date of this dividend 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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