KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) Short Interest Down 27.2% in February

KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUAGet Free Report) was the target of a significant drop in short interest in February. As of February 27th, there was short interest totaling 2,975 shares, a drop of 27.2% from the February 12th total of 4,084 shares. Approximately 1.0% of the shares of the stock are short sold. Based on an average trading volume of 1,208 shares, the days-to-cover ratio is presently 2.5 days. Based on an average trading volume of 1,208 shares, the days-to-cover ratio is presently 2.5 days. Approximately 1.0% of the shares of the stock are short sold.

KraneShares European Carbon Allowance Strategy ETF Stock Down 0.2%

Shares of KEUA traded down $0.05 during trading hours on Friday, hitting $22.82. 270 shares of the stock were exchanged, compared to its average volume of 1,926. KraneShares European Carbon Allowance Strategy ETF has a 12-month low of $19.08 and a 12-month high of $29.57. The stock’s 50-day moving average price is $25.80 and its two-hundred day moving average price is $26.43.

KraneShares European Carbon Allowance Strategy ETF Announces Dividend

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

Institutional Investors Weigh In On KraneShares European Carbon Allowance Strategy ETF

A hedge fund recently bought a new stake in KraneShares European Carbon Allowance Strategy ETF stock. Kestra Advisory Services LLC bought a new stake in KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUAFree Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,686 shares of the company’s stock, valued at approximately $76,000. Kestra Advisory Services LLC owned about 0.90% of KraneShares European Carbon Allowance Strategy ETF as of its most recent SEC filing.

About KraneShares European Carbon Allowance Strategy ETF

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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.

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