KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) Short Interest Down 26.3% in October

KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 2,800 shares, a decrease of 26.3% from the September 30th total of 3,800 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is currently 3.1 days. Currently, 0.9% of the shares of the stock are sold short. Currently, 0.9% of the shares of the stock are sold short. Based on an average daily volume of 900 shares, the days-to-cover ratio is currently 3.1 days.

KraneShares European Carbon Allowance Strategy ETF Stock Up 3.3%

NYSEARCA:KEUA opened at $27.09 on Tuesday. KraneShares European Carbon Allowance Strategy ETF has a fifty-two week low of $19.02 and a fifty-two week high of $27.10. The firm’s fifty day simple moving average is $25.85 and its 200-day simple moving average is $24.22.

Hedge Funds Weigh In On KraneShares European Carbon Allowance Strategy ETF

An institutional investor recently raised its position in KraneShares European Carbon Allowance Strategy ETF stock. Flow Traders U.S. LLC raised its position in KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) by 80.2% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 20,367 shares of the company’s stock after purchasing an additional 9,065 shares during the period. Flow Traders U.S. LLC owned about 6.79% of KraneShares European Carbon Allowance Strategy ETF worth $429,000 at the end of the most recent reporting period.

KraneShares European Carbon Allowance Strategy ETF Company Profile

The KraneShares European Carbon Allowance Strategy ETF (KEUA) is an exchange-traded fund that is based on the IHS Markit Carbon EUA index. The fund tracks a liquidity-weighted EUA carbon credit futures index. KEUA was launched on Oct 5, 2021 and is managed by KraneShares.