Short Interest in Invesco MSCI North America Climate ETF (NYSEARCA:KLMN) Grows By 502.5%

Invesco MSCI North America Climate ETF (NYSEARCA:KLMN) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 22,249 shares, an increase of 502.5% from the June 30th total of 3,693 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,862,094 shares, the days-to-cover ratio is currently 0.0 days.

Invesco MSCI North America Climate ETF Trading Up 0.1%

Shares of NYSEARCA KLMN traded up $0.03 during trading hours on Friday, hitting $30.36. 13 shares of the company traded hands, compared to its average volume of 1,577,157. The company’s 50 day moving average price is $30.60 and its 200 day moving average price is $29.09. Invesco MSCI North America Climate ETF has a 12 month low of $25.58 and a 12 month high of $31.19. The stock has a market capitalization of $2.28 billion, a price-to-earnings ratio of 25.22 and a beta of 1.01.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Varma Mutual Pension Insurance Co boosted its position in Invesco MSCI North America Climate ETF by 9.2% in the 4th quarter. Varma Mutual Pension Insurance Co now owns 95,333,362 shares of the company’s stock valued at $2,675,817,000 after buying an additional 8,000,000 shares during the period. Susquehanna International Group LLP raised its stake in shares of Invesco MSCI North America Climate ETF by 35.4% during the third quarter. Susquehanna International Group LLP now owns 218,564 shares of the company’s stock valued at $5,974,000 after acquiring an additional 57,202 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Invesco MSCI North America Climate ETF during the second quarter valued at approximately $1,250,000. Finally, Flow Traders U.S. LLC boosted its holdings in shares of Invesco MSCI North America Climate ETF by 135.6% in the third quarter. Flow Traders U.S. LLC now owns 76,911 shares of the company’s stock valued at $2,102,000 after purchasing an additional 44,269 shares during the period.

About Invesco MSCI North America Climate ETF

The Invesco MSCI North America Climate ETF (KLMN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index focused on mid- and large-cap US and Canadian companies, prioritizing a 10% annual reduction in greenhouse gas emissions and targeting firms with approved carbon reduction plans, aligning with global environmental goals. KLMN was launched on Dec 11, 2024 and is issued by Invesco.