Invesco MSCI Global Climate 500 ETF (NYSEARCA:KLMT) Sees Significant Drop in Short Interest

Invesco MSCI Global Climate 500 ETF (NYSEARCA:KLMT) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totaling 726 shares, a drop of 37.7% from the December 31st total of 1,166 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 650 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily volume of 650 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.0% of the shares of the stock are sold short.

Invesco MSCI Global Climate 500 ETF Trading Down 0.0%

NYSEARCA:KLMT opened at $32.02 on Friday. The firm has a market cap of $1.45 billion, a price-to-earnings ratio of 21.97 and a beta of 0.81. Invesco MSCI Global Climate 500 ETF has a 12-month low of $22.63 and a 12-month high of $32.59. The company’s 50-day moving average is $31.16 and its two-hundred day moving average is $30.32.

About Invesco MSCI Global Climate 500 ETF

The Invesco MSCI Global Climate 500 ETF (KLMT) is an exchange-traded fund that is based on the MSCI ACWI Select Climate 500 index. The fund tracks an index of 500 global equities that meet specific ESG criteria. The index selects and weights securities through an optimization process designed to minimize the exposure to climate change risks. KLMT was launched on Jun 26, 2024 and is issued by Invesco.