Invesco MSCI North America Climate ETF (NYSEARCA:KLMN) Sees Significant Decline in Short Interest

Invesco MSCI North America Climate ETF (NYSEARCA:KLMN) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 453 shares, a decrease of 13.7% from the December 31st total of 525 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 58 shares, the short-interest ratio is presently 7.8 days. Based on an average trading volume of 58 shares, the short-interest ratio is presently 7.8 days. Currently, 0.0% of the shares of the stock are sold short.

Invesco MSCI North America Climate ETF Price Performance

NYSEARCA KLMN traded up $0.06 during trading hours on Tuesday, reaching $28.50. The company’s stock had a trading volume of 14 shares, compared to its average volume of 1,115,815. The firm has a market capitalization of $2.73 billion, a price-to-earnings ratio of 25.22 and a beta of 1.03. Invesco MSCI North America Climate ETF has a 1-year low of $20.36 and a 1-year high of $28.66. The company’s 50-day moving average is $28.24 and its two-hundred day moving average is $27.42.

Institutional Investors Weigh In On Invesco MSCI North America Climate ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in KLMN. Flow Traders U.S. LLC acquired a new stake in shares of Invesco MSCI North America Climate ETF in the second quarter valued at about $834,000. Jane Street Group LLC purchased a new position in Invesco MSCI North America Climate ETF in the 2nd quarter valued at about $1,250,000. Susquehanna International Group LLP boosted its holdings in Invesco MSCI North America Climate ETF by 35.4% in the 3rd quarter. Susquehanna International Group LLP now owns 218,564 shares of the company’s stock worth $5,974,000 after buying an additional 57,202 shares during the last quarter. Finally, Varma Mutual Pension Insurance Co boosted its holdings in Invesco MSCI North America Climate ETF by 9.2% in the 4th quarter. Varma Mutual Pension Insurance Co now owns 95,333,362 shares of the company’s stock worth $2,675,817,000 after buying an additional 8,000,000 shares during the last quarter.

About Invesco MSCI North America Climate ETF

The Invesco MSCI North America Climate ETF (KLMN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index focused on mid- and large-cap US and Canadian companies, prioritizing a 10% annual reduction in greenhouse gas emissions and targeting firms with approved carbon reduction plans, aligning with global environmental goals. KLMN was launched on Dec 11, 2024 and is issued by Invesco.