KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) Stock Short Interest Declines 75.9%

KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 60 shares, a decrease of 75.9% from the September 15th total of 249 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 442 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On KraneShares Sustainable Ultra Short Duration Index ETF

An institutional investor recently bought a new stake in KraneShares Sustainable Ultra Short Duration Index ETF stock. Ascentis Independent Advisors bought a new position in KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,766 shares of the company’s stock, valued at approximately $144,000. Ascentis Independent Advisors owned about 0.08% of KraneShares Sustainable Ultra Short Duration Index ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

KraneShares Sustainable Ultra Short Duration Index ETF Price Performance

Shares of KCSH remained flat at $25.05 during mid-day trading on Monday. The stock had a trading volume of 327 shares, compared to its average volume of 10,203. The stock’s 50 day moving average is $25.07 and its 200-day moving average is $25.08. KraneShares Sustainable Ultra Short Duration Index ETF has a 12-month low of $24.99 and a 12-month high of $25.26.

KraneShares Sustainable Ultra Short Duration Index ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 29th were given a $0.0875 dividend. This is a positive change from KraneShares Sustainable Ultra Short Duration Index ETF’s previous monthly dividend of $0.0683. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $1.05 dividend on an annualized basis and a yield of 4.2%.

KraneShares Sustainable Ultra Short Duration Index ETF Company Profile

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.