KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) Short Interest Update

KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 51,872 shares, an increase of 57.8% from the December 31st total of 32,871 shares. Approximately 2.4% of the company’s stock are sold short. Based on an average daily trading volume, of 19,080 shares, the short-interest ratio is currently 2.7 days. Based on an average daily trading volume, of 19,080 shares, the short-interest ratio is currently 2.7 days. Approximately 2.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in KraneShares MSCI China Clean Technology Index ETF stock. Jane Street Group LLC acquired a new stake in shares of KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 13,112 shares of the company’s stock, valued at approximately $337,000. Jane Street Group LLC owned about 0.69% of KraneShares MSCI China Clean Technology Index ETF at the end of the most recent reporting period.

KraneShares MSCI China Clean Technology Index ETF Stock Performance

Shares of KGRN traded down $0.44 on Friday, hitting $27.22. 8,716 shares of the stock traded hands, compared to its average volume of 15,621. The company has a market capitalization of $59.88 million, a PE ratio of 17.37 and a beta of 0.60. The business has a 50 day simple moving average of $27.69 and a 200 day simple moving average of $28.79. KraneShares MSCI China Clean Technology Index ETF has a one year low of $21.31 and a one year high of $32.95.

KraneShares MSCI China Clean Technology Index ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 22nd were paid a dividend of $0.2306 per share. This represents a yield of 84.0%. The ex-dividend date was Monday, December 22nd.

About KraneShares MSCI China Clean Technology Index ETF

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.