Invesco MSCI North America Climate ETF (NYSEARCA:KLMN) Sees Large Increase in Short Interest

by · The Markets Daily

Invesco MSCI North America Climate ETF (NYSEARCA:KLMN – Get Free Report) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 13,998 shares, an increase of 403.9% from the August 15th total of 2,778 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 641,502 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Invesco MSCI North America Climate ETF

Several hedge funds have recently added to or reduced their stakes in the business. Flow Traders U.S. LLC increased its holdings in shares of Invesco MSCI North America Climate ETF by 135.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 76,911 shares of the company’s stock worth $2,102,000 after purchasing an additional 44,269 shares during the period. Jane Street Group LLC bought a new stake in shares of Invesco MSCI North America Climate ETF in the second quarter valued at about $1,250,000. Finally, Susquehanna International Group LLP grew its position in Invesco MSCI North America Climate ETF by 35.4% during the third quarter. Susquehanna International Group LLP now owns 218,564 shares of the company’s stock worth $5,974,000 after buying an additional 57,202 shares in the last quarter.

Invesco MSCI North America Climate ETF Trading Up 0.9%

KLMN stock traded up $0.29 during mid-day trading on Friday, reaching $31.50. 2,512 shares of the stock traded hands, compared to its average volume of 1,422,579. Invesco MSCI North America Climate ETF has a 52-week low of $25.96 and a 52-week high of $32.07. The company has a market cap of $2.02 billion, a P/E ratio of 25.22 and a beta of 1.01. The stock’s fifty day moving average is $31.23 and its 200-day moving average is $29.85.

Invesco MSCI North America Climate ETF Company Profile

(Get Free Report)

The Invesco MSCI North America Climate ETF (KLMN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index focused on mid- and large-cap US and Canadian companies, prioritizing a 10% annual reduction in greenhouse gas emissions and targeting firms with approved carbon reduction plans, aligning with global environmental goals. KLMN was launched on Dec 11, 2024 and is issued by Invesco.

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