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 recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 2,800 shares, a drop of 26.3% from the September 30th total of 3,800 shares. Based on an average daily volume of 900 shares, the short-interest ratio is presently 3.1 days. Approximately 0.9% of the company’s shares are sold short. Approximately 0.9% of the company’s shares are sold short. Based on an average daily volume of 900 shares, the short-interest ratio is presently 3.1 days.

KraneShares European Carbon Allowance Strategy ETF Price Performance

KEUA stock opened at $26.23 on Monday. KraneShares European Carbon Allowance Strategy ETF has a 1 year low of $19.02 and a 1 year high of $26.97. The firm has a 50-day moving average of $25.79 and a 200 day moving average of $24.18.

Institutional Investors Weigh In On KraneShares European Carbon Allowance Strategy ETF

A hedge fund recently raised its stake in KraneShares European Carbon Allowance Strategy ETF stock. Jane Street Group LLC increased its position in KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) by 50.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,620 shares of the company’s stock after purchasing an additional 10,868 shares during the period. Jane Street Group LLC owned 10.87% of KraneShares European Carbon Allowance Strategy ETF worth $687,000 at the end of the most recent reporting period.

About KraneShares European Carbon Allowance Strategy ETF

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.