Short Interest in KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) Increases By 51.3%

KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 1,465 shares, a growth of 51.3% from the November 30th total of 968 shares. Based on an average trading volume of 556 shares, the short-interest ratio is presently 2.6 days. Approximately 0.5% of the shares of the company are short sold. Approximately 0.5% of the shares of the company are short sold. Based on an average trading volume of 556 shares, the short-interest ratio is presently 2.6 days.

Hedge Funds 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% in the first 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 quarter. Jane Street Group LLC owned approximately 10.87% of KraneShares European Carbon Allowance Strategy ETF worth $687,000 as of its most recent SEC filing.

KraneShares European Carbon Allowance Strategy ETF Price Performance

KraneShares European Carbon Allowance Strategy ETF stock remained flat at $28.25 during mid-day trading on Tuesday. 803 shares of the company’s stock were exchanged, compared to its average volume of 1,861. The stock’s 50 day simple moving average is $27.43 and its 200 day simple moving average is $25.62. KraneShares European Carbon Allowance Strategy ETF has a 12-month low of $19.08 and a 12-month high of $29.05.

KraneShares European Carbon Allowance Strategy ETF Announces Dividend

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

KraneShares European Carbon Allowance Strategy ETF Company Profile

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.