KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH – Get Free Report) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totaling 138 shares, a growth of 130.0% from the September 30th total of 60 shares. Based on an average daily trading volume, of 371 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.
Hedge Funds Weigh In On KraneShares Sustainable Ultra Short Duration Index ETF
An institutional investor recently bought a new position in KraneShares Sustainable Ultra Short Duration Index ETF stock. Ascentis Independent Advisors bought a new stake in KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH – Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 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 Price Performance
KraneShares Sustainable Ultra Short Duration Index ETF stock opened at $25.03 on Friday. The company’s fifty day moving average price is $25.06 and its 200 day moving average price is $25.08. KraneShares Sustainable Ultra Short Duration Index ETF has a 1 year low of $24.99 and a 1 year high of $25.26.
KraneShares Sustainable Ultra Short Duration Index ETF Cuts Dividend
The business also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Thursday, October 29th were given a dividend of $0.0797 per share. This is a drop from KraneShares Sustainable Ultra Short Duration Index ETF’s previous monthly dividend of $0.0875. This represents a $0.96 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Thursday, October 29th.
About KraneShares Sustainable Ultra Short Duration Index ETF
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.
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