Short Interest in Invesco MSCI Global Climate 500 ETF (NYSEARCA:KLMT) Decreases By 34.7%

Invesco MSCI Global Climate 500 ETF (NYSEARCA:KLMT) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totaling 1,461 shares, a drop of 34.7% from the March 31st total of 2,237 shares. Based on an average daily trading volume, of 1,574 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.0% of the company’s stock are short sold.

Invesco MSCI Global Climate 500 ETF Stock Up 1.6%

Shares of NYSEARCA:KLMT traded up $0.53 during midday trading on Thursday, hitting $33.02. The stock had a trading volume of 9 shares, compared to its average volume of 1,090. Invesco MSCI Global Climate 500 ETF has a 12 month low of $25.98 and a 12 month high of $34.20. The business’s 50-day simple moving average is $31.40 and its 200-day simple moving average is $31.21. The company has a market cap of $1.50 billion, a P/E ratio of 21.97 and a beta of 0.87.

Hedge Funds Weigh In On Invesco MSCI Global Climate 500 ETF

An institutional investor recently raised its position in Invesco MSCI Global Climate 500 ETF stock. Jane Street Group LLC lifted its position in Invesco MSCI Global Climate 500 ETF (NYSEARCA:KLMT) by 140.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,334 shares of the company’s stock after buying an additional 21,801 shares during the quarter. Jane Street Group LLC owned about 0.08% of Invesco MSCI Global Climate 500 ETF worth $1,156,000 as of its most recent SEC filing.

Invesco MSCI Global Climate 500 ETF Company Profile

The Invesco MSCI Global Climate 500 ETF (KLMT) is an exchange-traded fund that is based on the MSCI ACWI Select Climate 500 index. The fund tracks an index of 500 global equities that meet specific ESG criteria. The index selects and weights securities through an optimization process designed to minimize the exposure to climate change risks. KLMT was launched on Jun 26, 2024 and is issued by Invesco.