KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) Short Interest Update

KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 4,847 shares, a decline of 41.1% from the May 31st total of 8,231 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 20,443 shares, the short-interest ratio is currently 0.2 days.

KraneShares Global Carbon Strategy ETF Trading Down 0.3%

KRBN stock traded down $0.11 during trading on Wednesday, reaching $33.05. 6,742 shares of the company’s stock were exchanged, compared to its average volume of 26,030. KraneShares Global Carbon Strategy ETF has a 1-year low of $27.00 and a 1-year high of $36.50. The company’s fifty day moving average price is $32.43 and its 200-day moving average price is $32.22.

Institutional Investors Weigh In On KraneShares Global Carbon Strategy ETF

Several institutional investors have recently bought and sold shares of KRBN. Jane Street Group LLC grew its position in KraneShares Global Carbon Strategy ETF by 26.0% in the 1st quarter. Jane Street Group LLC now owns 177,537 shares of the company’s stock valued at $5,010,000 after buying an additional 36,676 shares in the last quarter. Flow Traders U.S. LLC raised its position in shares of KraneShares Global Carbon Strategy ETF by 203.9% during the 3rd quarter. Flow Traders U.S. LLC now owns 155,250 shares of the company’s stock worth $5,030,000 after buying an additional 104,172 shares in the last quarter. Susquehanna International Group LLP bought a new stake in shares of KraneShares Global Carbon Strategy ETF during the 3rd quarter worth about $1,154,000. WBI Investments LLC lifted its stake in shares of KraneShares Global Carbon Strategy ETF by 51.0% in the 3rd quarter. WBI Investments LLC now owns 101,677 shares of the company’s stock worth $3,294,000 after acquiring an additional 34,320 shares during the period. Finally, Prime Capital Investment Advisors LLC acquired a new stake in shares of KraneShares Global Carbon Strategy ETF in the 4th quarter worth approximately $1,260,000.

KraneShares Global Carbon Strategy ETF Company Profile

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.