KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) Short Interest Update

KraneShares MSCI China Clean Technology Index ETF (NYSEARCA:KGRN) was the recipient of a significant drop in short interest in January. As of January 30th, there was short interest totaling 41,970 shares, a drop of 19.1% from the January 15th total of 51,872 shares. Approximately 1.9% of the shares of the stock are short sold. Based on an average daily volume of 12,261 shares, the short-interest ratio is presently 3.4 days. Based on an average daily volume of 12,261 shares, the short-interest ratio is presently 3.4 days. Approximately 1.9% of the shares of the stock are short sold.

Institutional Trading of KraneShares MSCI China Clean Technology Index ETF

Hedge funds have recently made changes to their positions in the business. CI Investments Inc. lifted its holdings in shares of KraneShares MSCI China Clean Technology Index ETF by 14.8% in the 4th quarter. CI Investments Inc. now owns 15,917 shares of the company’s stock valued at $430,000 after acquiring an additional 2,050 shares during the last quarter. LFA Lugano Financial Advisors SA bought a new stake in shares of KraneShares MSCI China Clean Technology Index ETF in the 4th quarter valued at approximately $127,000. Finally, Jane Street Group LLC purchased a new position in shares of KraneShares MSCI China Clean Technology Index ETF in the 1st quarter worth approximately $337,000.

KraneShares MSCI China Clean Technology Index ETF Price Performance

NYSEARCA KGRN opened at $27.78 on Friday. KraneShares MSCI China Clean Technology Index ETF has a 1-year low of $21.31 and a 1-year high of $32.95. The business has a 50 day simple moving average of $27.57 and a two-hundred day simple moving average of $28.73. The stock has a market capitalization of $61.12 million, a PE ratio of 17.37 and a beta of 0.60.

KraneShares MSCI China Clean Technology Index ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Tuesday, December 23rd. Shareholders 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 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.