KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) Shares Shorted: Short Interest Down 46.0% in October

KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 7,182 shares, a decrease of 46.0% from the September 30th total of 13,306 shares. Based on an average daily trading volume, of 25,194 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are sold short.

KraneShares Global Carbon Strategy ETF Stock Up 0.1%

Shares of KraneShares Global Carbon Strategy ETF stock traded up $0.04 during trading hours on Friday, reaching $35.00. The company’s stock had a trading volume of 13,397 shares, compared to its average volume of 24,976. KraneShares Global Carbon Strategy ETF has a one year low of $27.00 and a one year high of $36.50. The stock’s fifty day simple moving average is $34.35 and its two-hundred day simple moving average is $32.68.

Hedge Funds Weigh In On KraneShares Global Carbon Strategy ETF

Several large investors have recently added to or reduced their stakes in KRBN. Rockefeller Capital Management L.P. boosted its stake in KraneShares Global Carbon Strategy ETF by 184.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 976 shares of the company’s stock valued at $35,000 after purchasing an additional 633 shares during the last quarter. Wealthfront Advisers LLC increased its holdings in KraneShares Global Carbon Strategy ETF by 9.6% during the 1st quarter. Wealthfront Advisers LLC now owns 8,962 shares of the company’s stock worth $266,000 after purchasing an additional 786 shares in the last quarter. Invested Advisors purchased a new stake in shares of KraneShares Global Carbon Strategy ETF in the second quarter worth approximately $339,000. Ascentis Independent Advisors purchased a new stake in shares of KraneShares Global Carbon Strategy ETF in the first quarter worth approximately $688,000. Finally, Prime Capital Investment Advisors LLC lifted its holdings in shares of KraneShares Global Carbon Strategy ETF by 5.8% in the third quarter. Prime Capital Investment Advisors LLC now owns 26,627 shares of the company’s stock valued at $897,000 after purchasing an additional 1,464 shares in the last quarter.

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.