Short Interest in KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) Declines By 40.7%

KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 1,108 shares, a drop of 40.7% from the April 15th total of 1,868 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 416 shares, the short-interest ratio is currently 2.7 days.

Institutional Trading of KraneShares Sustainable Ultra Short Duration Index ETF

Large investors have recently modified their holdings of the business. Ascentis Independent Advisors acquired a new stake in shares of KraneShares Sustainable Ultra Short Duration Index ETF during the first quarter valued at about $144,000. Jane Street Group LLC grew its stake in shares of KraneShares Sustainable Ultra Short Duration Index ETF by 35.3% during the fourth quarter. Jane Street Group LLC now owns 18,990 shares of the company’s stock valued at $476,000 after acquiring an additional 4,954 shares in the last quarter. Finally, Krane Funds Advisors LLC grew its stake in KraneShares Sustainable Ultra Short Duration Index ETF by 12.2% in the third quarter. Krane Funds Advisors LLC now owns 8,057,400 shares of the company’s stock worth $202,563,000 after purchasing an additional 875,800 shares in the last quarter.

KraneShares Sustainable Ultra Short Duration Index ETF Stock Up 0.0%

Shares of KraneShares Sustainable Ultra Short Duration Index ETF stock traded up $0.01 during trading hours on Monday, hitting $25.09. 10 shares of the company’s stock traded hands, compared to its average volume of 12,991. The stock has a 50 day simple moving average of $25.08 and a 200-day simple moving average of $25.09. KraneShares Sustainable Ultra Short Duration Index ETF has a twelve month low of $25.01 and a twelve month high of $25.26.

KraneShares Sustainable Ultra Short Duration Index ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were paid a dividend of $0.067 per share. The ex-dividend date was Thursday, February 26th. This represents a c) annualized dividend and a dividend yield of 3.2%.

About KraneShares Sustainable Ultra Short Duration Index ETF

The KraneShares Sustainable Ultra Short Duration Index ETF (KCSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to provide a green cash option to investors. The fund is passively managed, seeking to provide current income through ultra-short duration, USD-denominated, investment grade corporate bonds KCSH was launched on Jul 26, 2024 and is issued by KraneShares.