KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA) Short Interest Update

KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 57,198 shares, a decrease of 49.2% from the January 29th total of 112,620 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average daily volume of 38,692 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily volume of 38,692 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.8% of the company’s shares are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Fielder Capital Group LLC purchased a new stake in shares of KraneShares California Carbon Allowance Strategy ETF in the third quarter worth about $8,572,000. NewEdge Wealth LLC purchased a new stake in shares of KraneShares California Carbon Allowance Strategy ETF during the 4th quarter valued at about $3,698,000. Permanent Capital Management LP acquired a new position in KraneShares California Carbon Allowance Strategy ETF during the 3rd quarter worth approximately $3,060,000. Black Maple Capital Management LP acquired a new position in KraneShares California Carbon Allowance Strategy ETF during the 2nd quarter worth approximately $1,215,000. Finally, Susquehanna International Group LLP purchased a new position in KraneShares California Carbon Allowance Strategy ETF in the 3rd quarter worth approximately $576,000.

KraneShares California Carbon Allowance Strategy ETF Stock Down 0.5%

KraneShares California Carbon Allowance Strategy ETF stock opened at $15.12 on Friday. KraneShares California Carbon Allowance Strategy ETF has a 52-week low of $13.61 and a 52-week high of $18.16. The firm has a fifty day moving average of $16.01 and a 200-day moving average of $16.54. The firm has a market capitalization of $104.33 million, a P/E ratio of 10.81 and a beta of 0.18.

KraneShares California Carbon Allowance Strategy ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 22nd were issued a $0.4832 dividend. This represents a $1.93 annualized dividend and a yield of 12.8%. The ex-dividend date was Monday, December 22nd.

KraneShares California Carbon Allowance Strategy ETF Company Profile

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