KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) Sees Large Decline in Short Interest

KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 315 shares, a decline of 43.8% from the June 30th total of 560 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 296 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Investors Weigh In On KraneShares Sustainable Ultra Short Duration Index ETF

An institutional investor recently bought a new stake in KraneShares Sustainable Ultra Short Duration Index ETF stock. Ascentis Independent Advisors purchased a new stake in KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 5,766 shares of the company’s stock, valued at approximately $144,000. Ascentis Independent Advisors owned about 0.08% of KraneShares Sustainable Ultra Short Duration Index ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

KraneShares Sustainable Ultra Short Duration Index ETF Stock Down 0.4%

KCSH stock traded down $0.10 during mid-day trading on Thursday, reaching $25.02. The company’s stock had a trading volume of 54 shares, compared to its average volume of 11,081. KraneShares Sustainable Ultra Short Duration Index ETF has a fifty-two week low of $25.01 and a fifty-two week high of $25.26. The company’s 50 day moving average is $25.08 and its two-hundred day moving average is $25.08.

KraneShares Sustainable Ultra Short Duration Index ETF Company Profile

The KraneShares Sustainable Ultra Short Duration Index ETF (KCSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to provide a green cash option to investors. The fund is passively managed, seeking to provide current income through ultra-short duration, USD-denominated, investment grade corporate bonds KCSH was launched on Jul 26, 2024 and is issued by KraneShares.