Short Interest in KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) Expands By 57.1%

KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 2,302 shares, an increase of 57.1% from the December 15th total of 1,465 shares. Based on an average trading volume of 688 shares, the days-to-cover ratio is presently 3.3 days. Currently, 0.8% of the shares of the company are sold short. Currently, 0.8% of the shares of the company are sold short. Based on an average trading volume of 688 shares, the days-to-cover ratio is presently 3.3 days.

Hedge Funds Weigh In On KraneShares European Carbon Allowance Strategy ETF

A hedge fund recently raised its stake in KraneShares European Carbon Allowance Strategy ETF stock. Jane Street Group LLC increased its holdings in KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) by 50.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,620 shares of the company’s stock after purchasing an additional 10,868 shares during the quarter. Jane Street Group LLC owned approximately 10.87% of KraneShares European Carbon Allowance Strategy ETF worth $687,000 at the end of the most recent reporting period.

KraneShares European Carbon Allowance Strategy ETF Stock Up 0.3%

Shares of NYSEARCA KEUA traded up $0.08 during mid-day trading on Friday, reaching $29.46. The company had a trading volume of 1,499 shares, compared to its average volume of 636. The business’s 50-day simple moving average is $27.96 and its 200 day simple moving average is $26.01. KraneShares European Carbon Allowance Strategy ETF has a one year low of $19.08 and a one year high of $29.57.

KraneShares European Carbon Allowance Strategy ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 22nd were given a $0.6448 dividend. The ex-dividend date was Monday, December 22nd. This represents a yield of 227.0%.

KraneShares European Carbon Allowance Strategy ETF Company Profile

The KraneShares European Carbon Allowance Strategy ETF (KEUA) is an exchange-traded fund that is based on the IHS Markit Carbon EUA index. The fund tracks a liquidity-weighted EUA carbon credit futures index. KEUA was launched on Oct 5, 2021 and is managed by KraneShares.