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 large drop in short interest during the month of January. As of January 30th, there was short interest totaling 41,970 shares, a drop of 19.1% from the January 15th total of 51,872 shares. Currently, 1.9% of the shares of the company are short sold. Based on an average daily trading volume, of 12,261 shares, the short-interest ratio is currently 3.4 days. Based on an average daily trading volume, of 12,261 shares, the short-interest ratio is currently 3.4 days. Currently, 1.9% of the shares of the company are short sold.

KraneShares MSCI China Clean Technology Index ETF Stock Performance

KraneShares MSCI China Clean Technology Index ETF stock opened at $27.78 on Friday. KraneShares MSCI China Clean Technology Index ETF has a one year low of $21.31 and a one year high of $32.95. The stock has a fifty day moving average of $27.57 and a 200 day moving average of $28.73. The stock has a market cap of $61.12 million, a PE ratio of 17.37 and a beta of 0.60.

KraneShares MSCI China Clean Technology Index ETF Announces Dividend

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. CI Investments Inc. grew its position in shares of KraneShares MSCI China Clean Technology Index ETF by 14.8% during the 4th quarter. CI Investments Inc. now owns 15,917 shares of the company’s stock valued at $430,000 after acquiring an additional 2,050 shares during the period. LFA Lugano Financial Advisors SA purchased a new position in KraneShares MSCI China Clean Technology Index ETF during the fourth quarter valued at $127,000. Finally, Jane Street Group LLC bought a new stake in KraneShares MSCI China Clean Technology Index ETF during the first quarter valued at about $337,000.

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.