Invesco MSCI North America Climate ETF (NYSEARCA:KLMN) Sees Significant Growth in Short Interest

Invesco MSCI North America Climate ETF (NYSEARCA:KLMN) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 13,998 shares, an increase of 403.9% from the August 15th total of 2,778 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 641,502 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On Invesco MSCI North America Climate ETF

Several hedge funds have recently modified their holdings of the stock. Jane Street Group LLC acquired a new stake in Invesco MSCI North America Climate ETF in the 2nd quarter worth approximately $1,250,000. Flow Traders U.S. LLC raised its holdings in shares of Invesco MSCI North America Climate ETF by 135.6% in the third quarter. Flow Traders U.S. LLC now owns 76,911 shares of the company’s stock worth $2,102,000 after buying an additional 44,269 shares during the last quarter. Finally, Susquehanna International Group LLP raised its holdings in shares of Invesco MSCI North America Climate ETF by 35.4% in the third quarter. Susquehanna International Group LLP now owns 218,564 shares of the company’s stock worth $5,974,000 after buying an additional 57,202 shares during the last quarter.

Invesco MSCI North America Climate ETF Stock Up 0.9%

Shares of Invesco MSCI North America Climate ETF stock traded up $0.27 during trading on Friday, reaching $31.48. The company’s stock had a trading volume of 11 shares, compared to its average volume of 1,414,403. The company has a 50-day simple moving average of $31.24 and a two-hundred day simple moving average of $29.86. Invesco MSCI North America Climate ETF has a 1-year low of $25.96 and a 1-year high of $32.07. The company has a market cap of $2.01 billion, a price-to-earnings ratio of 25.22 and a beta of 1.01.

Invesco MSCI North America Climate ETF Company Profile

The Invesco MSCI North America Climate ETF (KLMN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index focused on mid- and large-cap US and Canadian companies, prioritizing a 10% annual reduction in greenhouse gas emissions and targeting firms with approved carbon reduction plans, aligning with global environmental goals. KLMN was launched on Dec 11, 2024 and is issued by Invesco.