KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) Short Interest Down 91.5% in February

KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) was the recipient of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 3,554 shares, a drop of 91.5% from the January 29th total of 41,970 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 37,392 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 37,392 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the company’s shares are sold short.

KraneShares MSCI China Clean Technology Index ETF Price Performance

Shares of KGRN traded down $0.75 during mid-day trading on Thursday, reaching $27.57. 14,549 shares of the company’s stock traded hands, compared to its average volume of 21,304. KraneShares MSCI China Clean Technology Index ETF has a 12 month low of $21.31 and a 12 month high of $32.95. The stock has a market cap of $60.65 million, a P/E ratio of 17.37 and a beta of 0.60. The stock’s 50-day moving average is $27.65 and its two-hundred day moving average is $28.77.

KraneShares MSCI China Clean Technology Index ETF Announces Dividend

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

Institutional Trading of KraneShares MSCI China Clean Technology Index ETF

Large investors have recently modified their holdings of the company. CI Investments Inc. raised its position in 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 purchasing an additional 2,050 shares in the last quarter. LFA Lugano Financial Advisors SA bought a new stake in shares of KraneShares MSCI China Clean Technology Index ETF in the fourth quarter valued at about $127,000. Finally, Jane Street Group LLC purchased a new stake in KraneShares MSCI China Clean Technology Index ETF in the first quarter worth about $337,000.

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.