KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN – Get Free Report) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 12,248 shares, a decline of 80.1% from the August 15th total of 61,439 shares. Based on an average trading volume of 10,839 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.3% of the shares of the company are short sold.
Institutional Trading of KraneShares Global Carbon Strategy ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in KRBN. Jane Street Group LLC raised its position in KraneShares Global Carbon Strategy ETF by 123.3% in the fourth quarter. Jane Street Group LLC now owns 93,719 shares of the company’s stock valued at $3,318,000 after purchasing an additional 51,757 shares during the period. Susquehanna International Group LLP purchased a new stake in shares of KraneShares Global Carbon Strategy ETF in the 3rd quarter valued at $1,154,000. T3 Companies LLC acquired a new position in KraneShares Global Carbon Strategy ETF during the 4th quarter worth about $1,109,000. Ascentis Independent Advisors purchased a new position in KraneShares Global Carbon Strategy ETF during the 1st quarter valued at about $688,000. Finally, Invested Advisors acquired a new position in KraneShares Global Carbon Strategy ETF in the 2nd quarter valued at about $339,000.
KraneShares Global Carbon Strategy ETF Stock Down 0.6%
Shares of NYSEARCA KRBN opened at $34.80 on Friday. KraneShares Global Carbon Strategy ETF has a 12 month low of $27.00 and a 12 month high of $36.50. The firm’s 50 day simple moving average is $34.18 and its 200-day simple moving average is $32.21.
About KraneShares Global Carbon Strategy ETF
The KraneShares Global Carbon ETF (KRBN) is an exchange-traded fund that is based on the IHS Markit Global Carbon index. The fund seeks to track a carbon credit futures index that weights holdings based on trade volume. The fund holds December futures from three major cap-and-trade programs KRBN was launched on Jul 30, 2020 and is managed by KraneShares.
Recommended Stories
- Five stocks we like better than KraneShares Global Carbon Strategy ETF
- Microsoft’s Azure Reporting Shift Adds Clarity, But the Bull Case Came First
- Feed to Feat: Can Meta Unlock the AI Agent Cash Machine?
- Chime Finds Its Stride With a $590M Deal That Could Reshape Its Banking Model
- IBM and Lockheed Martin Turn a Swiss Defense Deal Into a Quantum Computing Bet
Receive News & Ratings for KraneShares Global Carbon Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KraneShares Global Carbon Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
