KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) Shares Shorted: Short Interest Up 130.0% in October

KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 138 shares, a growth of 130.0% from the September 30th total of 60 shares. Based on an average daily volume of 371 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Trading of KraneShares Sustainable Ultra Short Duration Index ETF

An institutional investor recently bought a new position in KraneShares Sustainable Ultra Short Duration Index ETF stock. Ascentis Independent Advisors acquired a new stake in KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 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 NYSEARCA:KCSH traded up $0.01 during midday trading on Friday, hitting $25.03. The company had a trading volume of 608 shares, compared to its average volume of 9,680. KraneShares Sustainable Ultra Short Duration Index ETF has a twelve month low of $24.99 and a twelve month high of $25.26. The business’s 50-day simple moving average is $25.07 and its 200-day simple moving average is $25.08.

KraneShares Sustainable Ultra Short Duration Index ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 29th will be issued a $0.0797 dividend. This is a decrease from KraneShares Sustainable Ultra Short Duration Index ETF’s previous monthly dividend of $0.0875. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Thursday, October 29th.

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.