KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH – Get Free Report) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 138 shares, an increase of 130.0% from the September 30th total of 60 shares. Based on an average trading volume of 371 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the company’s stock are short sold.
KraneShares Sustainable Ultra Short Duration Index ETF Price Performance
Shares of KCSH traded up $0.01 during trading hours on Friday, reaching $25.03. 608 shares of the company traded hands, compared to its average volume of 9,680. KraneShares Sustainable Ultra Short Duration Index ETF has a 12-month low of $24.99 and a 12-month high of $25.26. The business has a fifty day moving average price of $25.07 and a 200-day moving average price of $25.08.
KraneShares Sustainable Ultra Short Duration Index ETF Cuts Dividend
The firm also recently announced a monthly dividend, which will be paid on Friday, October 30th. Stockholders of record on Thursday, October 29th will be given a dividend of $0.0797 per share. This is a drop from KraneShares Sustainable Ultra Short Duration Index ETF’s previous monthly dividend of $0.0875. The ex-dividend date is Thursday, October 29th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.8%.
Hedge Funds Weigh In On KraneShares Sustainable Ultra Short Duration Index ETF
A hedge fund recently bought a new stake in KraneShares Sustainable Ultra Short Duration Index ETF stock. Ascentis Independent Advisors purchased a new position in KraneShares Sustainable Ultra Short Duration Index ETF (NYSEARCA:KCSH – Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 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 at the end of the most recent reporting period.
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.
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