Short Interest in KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) Declines By 15.6%

KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUAGet Free Report) was the target of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 4,084 shares, a drop of 15.6% from the January 29th total of 4,840 shares. Based on an average daily trading volume, of 6,096 shares, the short-interest ratio is currently 0.7 days. Approximately 1.4% of the shares of the company are short sold. Approximately 1.4% of the shares of the company are short sold. Based on an average daily trading volume, of 6,096 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds Weigh In On KraneShares European Carbon Allowance Strategy ETF

A hedge fund recently bought a new stake in KraneShares European Carbon Allowance Strategy ETF stock. Kestra Advisory Services LLC bought a new position in KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUAFree Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,686 shares of the company’s stock, valued at approximately $76,000. Kestra Advisory Services LLC owned 0.90% of KraneShares European Carbon Allowance Strategy ETF at the end of the most recent quarter.

KraneShares European Carbon Allowance Strategy ETF Price Performance

Shares of NYSEARCA:KEUA traded down $0.06 during trading on Thursday, hitting $22.80. 749 shares of the stock were exchanged, compared to its average volume of 2,070. KraneShares European Carbon Allowance Strategy ETF has a 1-year low of $19.08 and a 1-year high of $29.57. The company’s fifty day simple moving average is $26.57 and its 200-day simple moving average is $26.48.

KraneShares European Carbon Allowance Strategy ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 22nd were given a dividend of $0.6448 per share. This represents a dividend yield of 227.0%. The ex-dividend date was Monday, December 22nd.

About KraneShares European Carbon Allowance Strategy ETF

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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.

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