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 significant growth in short interest in February. As of February 27th, there was short interest totaling 12,990 shares, a growth of 265.5% from the February 12th total of 3,554 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average daily volume of 14,587 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 14,587 shares, the short-interest ratio is presently 0.9 days. Approximately 0.6% of the company’s stock are short sold.

KraneShares MSCI China Clean Technology Index ETF Stock Performance

Shares of NYSEARCA:KGRN traded up $0.50 during trading on Wednesday, hitting $28.93. The company’s stock had a trading volume of 15,778 shares, compared to its average volume of 19,819. KraneShares MSCI China Clean Technology Index ETF has a fifty-two week low of $21.31 and a fifty-two week high of $32.95. The business has a 50 day moving average price of $27.65 and a two-hundred day moving average price of $28.74. The company has a market capitalization of $63.65 million, a PE ratio of 17.37 and a beta of 0.60.

KraneShares MSCI China Clean Technology Index ETF Announces Dividend

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

Institutional Trading of KraneShares MSCI China Clean Technology Index ETF

A number of large investors have recently made changes to their positions in the company. LFA Lugano Financial Advisors SA purchased a new position in KraneShares MSCI China Clean Technology Index ETF in the fourth quarter worth approximately $127,000. Jane Street Group LLC acquired a new stake in shares of KraneShares MSCI China Clean Technology Index ETF in the 1st quarter valued at $337,000. Finally, CI Investments Inc. lifted 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 worth $430,000 after purchasing an additional 2,050 shares during the last quarter.

KraneShares MSCI China Clean Technology Index ETF Company Profile

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.