KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) Short Interest Up 38.2% in February

KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 20,854 shares, a growth of 38.2% from the January 29th total of 15,090 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average trading volume of 47,951 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 47,951 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Kestra Advisory Services LLC bought a new stake in KraneShares Global Carbon Strategy ETF during the fourth quarter worth approximately $34,000. Farther Finance Advisors LLC purchased a new position in shares of KraneShares Global Carbon Strategy ETF in the 3rd quarter worth approximately $49,000. Csenge Advisory Group purchased a new position in shares of KraneShares Global Carbon Strategy ETF in the 4th quarter worth approximately $288,000. Sharp Financial Services LLC increased its position in shares of KraneShares Global Carbon Strategy ETF by 12.8% during the 3rd quarter. Sharp Financial Services LLC now owns 11,077 shares of the company’s stock valued at $359,000 after purchasing an additional 1,254 shares during the last quarter. Finally, PFG Investments LLC raised its holdings in KraneShares Global Carbon Strategy ETF by 6.6% during the 3rd quarter. PFG Investments LLC now owns 11,488 shares of the company’s stock valued at $372,000 after buying an additional 710 shares during the period.

KraneShares Global Carbon Strategy ETF Trading Up 0.2%

Shares of KRBN stock traded up $0.05 on Monday, reaching $29.37. The company’s stock had a trading volume of 10,609 shares, compared to its average volume of 41,853. The stock’s fifty day simple moving average is $33.56 and its 200-day simple moving average is $33.32. KraneShares Global Carbon Strategy ETF has a 1 year low of $24.90 and a 1 year high of $36.50.

KraneShares Global Carbon Strategy ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 22nd were issued a $0.6732 dividend. The ex-dividend date was Monday, December 22nd. This represents a dividend yield of 191.0%.

About KraneShares Global Carbon Strategy ETF

The KraneShares Global Carbon ETF (KRBN) is an exchange-traded fund that is based on the IHS Markit Global Carbon index. The fund seeks to track a carbon credit futures index that weights holdings based on trade volume. The fund holds December futures from three major cap-and-trade programs KRBN was launched on Jul 30, 2020 and is managed by KraneShares.