Short Interest in KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) Decreases By 52.8%

by · The Markets Daily

KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB – Get Free Report) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 2,474 shares, a decline of 52.8% from the December 15th total of 5,238 shares. Based on an average daily trading volume, of 5,098 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.4% of the company’s shares are short sold. Currently, 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 5,098 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in KHYB. Goldman Sachs Group Inc. bought a new position in KraneShares Asia Pacific High Income Bond ETF during the first quarter worth $530,000. Harbor Asset Planning Inc. bought a new stake in shares of KraneShares Asia Pacific High Income Bond ETF in the second quarter valued at approximately $30,000. Simplicity Wealth LLC bought a new position in shares of KraneShares Asia Pacific High Income Bond ETF in the third quarter worth $1,382,000. Colonial Trust Advisors acquired a new position in KraneShares Asia Pacific High Income Bond ETF during the third quarter valued at approximately $73,000. Finally, Koshinski Asset Management Inc. acquired a new stake in KraneShares Asia Pacific High Income Bond ETF in the third quarter valued at about $203,000.

KraneShares Asia Pacific High Income Bond ETF Price Performance

Shares of KraneShares Asia Pacific High Income Bond ETF stock traded up $0.01 during trading hours on Wednesday, hitting $24.70. The company’s stock had a trading volume of 5,918 shares, compared to its average volume of 3,469. KraneShares Asia Pacific High Income Bond ETF has a 12 month low of $22.92 and a 12 month high of $24.74. The company has a market capitalization of $17.29 million, a PE ratio of 10.02 and a beta of 0.16. The stock has a 50 day moving average of $24.44 and a 200 day moving average of $24.38.

KraneShares Asia Pacific High Income Bond ETF Company Profile

(Get Free Report)

The KraneShares Asia Pacific High Income Bond ETF (KHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to primarily high-yield bonds from the Asia-Pacific. KHYB was launched on Jun 26, 2018 and is managed by KraneShares.

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