Invesco MSCI North America Climate ETF (NYSEARCA:KLMN) Sees Large Increase in Short Interest

Invesco MSCI North America Climate ETF (NYSEARCA:KLMNGet Free Report) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 13,998 shares, an increase of 403.9% from the August 15th total of 2,778 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 641,502 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of KLMN. Susquehanna International Group LLP increased its stake in shares of Invesco MSCI North America Climate ETF by 35.4% in the third quarter. Susquehanna International Group LLP now owns 218,564 shares of the company’s stock valued at $5,974,000 after purchasing an additional 57,202 shares during the period. Jane Street Group LLC bought a new position in shares of Invesco MSCI North America Climate ETF in the second quarter worth $1,250,000. Finally, Flow Traders U.S. LLC increased its holdings in shares of Invesco MSCI North America Climate ETF by 135.6% during the third quarter. Flow Traders U.S. LLC now owns 76,911 shares of the company’s stock valued at $2,102,000 after purchasing an additional 44,269 shares during the period.

Invesco MSCI North America Climate ETF Price Performance

NYSEARCA:KLMN traded up $0.29 during mid-day trading on Friday, reaching $31.50. The stock had a trading volume of 2,512 shares, compared to its average volume of 1,422,579. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of 25.22 and a beta of 1.01. Invesco MSCI North America Climate ETF has a 1-year low of $25.96 and a 1-year high of $32.07. The stock’s 50 day simple moving average is $31.23 and its two-hundred day simple moving average is $29.85.

Invesco MSCI North America Climate ETF Company Profile

(Get Free Report)

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.

Further Reading

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