KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) Short Interest Down 54.8% in December

KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 32,871 shares, a decrease of 54.8% from the December 15th total of 72,760 shares. Approximately 1.5% of the shares of the stock are short sold. Based on an average trading volume of 15,241 shares, the short-interest ratio is presently 2.2 days. Based on an average trading volume of 15,241 shares, the short-interest ratio is presently 2.2 days. Approximately 1.5% of the shares of the stock are short sold.

Hedge Funds Weigh In On KraneShares MSCI China Clean Technology Index ETF

A hedge fund recently bought a new stake in KraneShares MSCI China Clean Technology Index ETF stock. Jane Street Group LLC purchased a new stake in KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) during the first quarter, according to its most recent filing with the SEC. The fund purchased 13,112 shares of the company’s stock, valued at approximately $337,000. Jane Street Group LLC owned about 0.69% of KraneShares MSCI China Clean Technology Index ETF as of its most recent filing with the SEC.

KraneShares MSCI China Clean Technology Index ETF Price Performance

Shares of NYSEARCA:KGRN traded down $0.34 during trading on Wednesday, hitting $27.96. 9,665 shares of the company’s stock were exchanged, compared to its average volume of 20,907. The business’s 50-day simple moving average is $28.14 and its 200 day simple moving average is $28.70. KraneShares MSCI China Clean Technology Index ETF has a 52-week low of $21.31 and a 52-week high of $32.95. The company has a market cap of $61.51 million, a price-to-earnings ratio of 17.37 and a beta of 0.60.

KraneShares MSCI China Clean Technology Index ETF Dividend Announcement

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

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.