KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) Short Interest Down 19.1% in January

KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) saw a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 41,970 shares, a decline of 19.1% from the January 15th total of 51,872 shares. Approximately 1.9% of the company’s shares are sold short. Based on an average daily volume of 12,261 shares, the days-to-cover ratio is currently 3.4 days. Based on an average daily volume of 12,261 shares, the days-to-cover ratio is currently 3.4 days. Approximately 1.9% of the company’s shares are sold short.

Institutional Investors Weigh In On KraneShares MSCI China Clean Technology Index ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC acquired a new position in KraneShares MSCI China Clean Technology Index ETF during the first quarter worth $337,000. LFA Lugano Financial Advisors SA acquired a new position in KraneShares MSCI China Clean Technology Index ETF during the 4th quarter worth approximately $127,000. Finally, CI Investments Inc. increased its holdings in KraneShares MSCI China Clean Technology Index ETF by 14.8% in the fourth quarter. CI Investments Inc. now owns 15,917 shares of the company’s stock valued at $430,000 after buying an additional 2,050 shares during the last quarter.

KraneShares MSCI China Clean Technology Index ETF Trading Up 0.9%

KraneShares MSCI China Clean Technology Index ETF stock traded up $0.25 during mid-day trading on Tuesday, hitting $28.03. The company’s stock had a trading volume of 7,305 shares, compared to its average volume of 22,355. The firm has a market capitalization of $61.67 million, a PE ratio of 17.37 and a beta of 0.60. KraneShares MSCI China Clean Technology Index ETF has a 1 year low of $21.31 and a 1 year high of $32.95. The stock’s fifty day moving average is $27.56 and its two-hundred day moving average is $28.74.

KraneShares MSCI China Clean Technology Index ETF Dividend Announcement

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 $0.2306 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a yield of 84.0%.

KraneShares MSCI China Clean Technology Index ETF Company Profile

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.