KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA) Short Interest Update

KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA) was the target of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 112,620 shares, a decrease of 14.7% from the January 15th total of 131,973 shares. Based on an average daily trading volume, of 41,476 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.6% of the shares of the stock are short sold. Approximately 1.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 41,476 shares, the days-to-cover ratio is presently 2.7 days.

Institutional Trading of KraneShares California Carbon Allowance Strategy ETF

A number of large investors have recently made changes to their positions in the company. Biltmore Family Office LLC increased its holdings in shares of KraneShares California Carbon Allowance Strategy ETF by 11.4% in the 4th quarter. Biltmore Family Office LLC now owns 18,043 shares of the company’s stock valued at $303,000 after purchasing an additional 1,846 shares in the last quarter. Maltin Wealth Management Inc. grew its holdings in shares of KraneShares California Carbon Allowance Strategy ETF by 40.7% during the 2nd quarter. Maltin Wealth Management Inc. now owns 16,600 shares of the company’s stock worth $258,000 after purchasing an additional 4,800 shares during the period. Fielder Capital Group LLC grew its stake in shares of KraneShares California Carbon Allowance Strategy ETF by 1.7% in the fourth quarter. Fielder Capital Group LLC now owns 510,747 shares of the company’s stock valued at $8,586,000 after buying an additional 8,601 shares in the last quarter. Flow Traders U.S. LLC raised its holdings in shares of KraneShares California Carbon Allowance Strategy ETF by 44.9% during the 3rd quarter. Flow Traders U.S. LLC now owns 37,385 shares of the company’s stock valued at $638,000 after buying an additional 11,591 shares during the period. Finally, Picton Mahoney Asset Management lifted its position in KraneShares California Carbon Allowance Strategy ETF by 94.9% during the 4th quarter. Picton Mahoney Asset Management now owns 53,200 shares of the company’s stock worth $896,000 after acquiring an additional 25,900 shares in the last quarter.

KraneShares California Carbon Allowance Strategy ETF Stock Down 0.4%

KCCA stock traded down $0.07 during mid-day trading on Tuesday, hitting $15.13. 26,635 shares of the company were exchanged, compared to its average volume of 45,345. KraneShares California Carbon Allowance Strategy ETF has a 12-month low of $13.61 and a 12-month high of $18.16. The firm has a market capitalization of $104.36 million, a P/E ratio of 10.81 and a beta of 0.18. The business has a fifty day simple moving average of $16.26 and a 200-day simple moving average of $16.57.

KraneShares California Carbon Allowance Strategy ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 22nd were given a dividend of $0.4832 per share. This represents a $1.93 annualized dividend and a dividend yield of 12.8%. The ex-dividend date of this dividend was Monday, December 22nd.

About KraneShares California Carbon Allowance Strategy ETF

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