KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) Sees Significant Increase in Short Interest

KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 2,302 shares, a growth of 57.1% from the December 15th total of 1,465 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 688 shares, the days-to-cover ratio is presently 3.3 days. Based on an average daily trading volume, of 688 shares, the days-to-cover ratio is presently 3.3 days. Currently, 0.8% of the company’s stock are short sold.

KraneShares European Carbon Allowance Strategy ETF Price Performance

Shares of KraneShares European Carbon Allowance Strategy ETF stock opened at $29.46 on Friday. The business has a 50-day simple moving average of $28.02 and a 200-day simple moving average of $26.07. KraneShares European Carbon Allowance Strategy ETF has a one year low of $19.08 and a one year high of $29.57.

KraneShares European Carbon Allowance Strategy ETF Announces Dividend

The company also recently declared an annual dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 22nd were issued a dividend of $0.6448 per share. This represents a yield of 227.0%. The ex-dividend date was Monday, December 22nd.

Institutional Investors Weigh In On KraneShares European Carbon Allowance Strategy ETF

A hedge fund recently raised its stake in KraneShares European Carbon Allowance Strategy ETF stock. Jane Street Group LLC lifted its position in shares of KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) by 50.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,620 shares of the company’s stock after purchasing an additional 10,868 shares during the period. Jane Street Group LLC owned about 10.87% of KraneShares European Carbon Allowance Strategy ETF worth $687,000 at the end of the most recent reporting period.

KraneShares European Carbon Allowance Strategy ETF Company Profile

The KraneShares European Carbon Allowance Strategy ETF (KEUA) is an exchange-traded fund that is based on the IHS Markit Carbon EUA index. The fund tracks a liquidity-weighted EUA carbon credit futures index. KEUA was launched on Oct 5, 2021 and is managed by KraneShares.