KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) Stock Short Interest Declines 75.9%

KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 60 shares, a drop of 75.9% from the September 15th total of 249 shares. Based on an average trading volume of 442 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in KraneShares Sustainable Ultra Short Duration Index ETF stock. Ascentis Independent Advisors acquired a new stake in KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,766 shares of the company’s stock, valued at approximately $144,000. Ascentis Independent Advisors owned 0.08% of KraneShares Sustainable Ultra Short Duration Index ETF as of its most recent SEC filing.

KraneShares Sustainable Ultra Short Duration Index ETF Stock Performance

Shares of KraneShares Sustainable Ultra Short Duration Index ETF stock traded up $0.01 on Tuesday, hitting $25.06. 327 shares of the company traded hands, compared to its average volume of 10,203. KraneShares Sustainable Ultra Short Duration Index ETF has a 52 week low of $24.99 and a 52 week high of $25.26. The stock’s 50 day moving average price is $25.07 and its 200-day moving average price is $25.08.

KraneShares Sustainable Ultra Short Duration Index ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 29th were paid a dividend of $0.0875 per share. This represents a $1.05 dividend on an annualized basis and a dividend yield of 4.2%. This is a positive change from KraneShares Sustainable Ultra Short Duration Index ETF’s previous monthly dividend of $0.0683. The ex-dividend date was Tuesday, September 29th.

KraneShares Sustainable Ultra Short Duration Index ETF Company Profile

The KraneShares Sustainable Ultra Short Duration Index ETF (KCSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to provide a green cash option to investors. The fund is passively managed, seeking to provide current income through ultra-short duration, USD-denominated, investment grade corporate bonds KCSH was launched on Jul 26, 2024 and is issued by KraneShares.