KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) Short Interest Up 1,039.3% in May

by · The Cerbat Gem

KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB – Get Free Report) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 5,047 shares, a growth of 1,039.3% from the May 14th total of 443 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average daily trading volume, of 6,493 shares, the short-interest ratio is presently 0.8 days.

KraneShares Asia Pacific High Income Bond ETF Trading Up 0.2%

KraneShares Asia Pacific High Income Bond ETF stock traded up $0.05 during trading on Tuesday, hitting $24.11. The company had a trading volume of 3,409 shares, compared to its average volume of 3,520. KraneShares Asia Pacific High Income Bond ETF has a 1-year low of $23.51 and a 1-year high of $24.88. The company’s 50 day simple moving average is $24.13 and its 200-day simple moving average is $24.37. The stock has a market cap of $14.47 million, a price-to-earnings ratio of 10.02 and a beta of 0.19.

Institutional Investors Weigh In On KraneShares Asia Pacific High Income Bond ETF

Several institutional investors have recently modified their holdings of KHYB. Stance Capital LLC purchased a new stake in shares of KraneShares Asia Pacific High Income Bond ETF during the 3rd quarter worth $72,000. Colonial Trust Advisors purchased a new stake in KraneShares Asia Pacific High Income Bond ETF in the third quarter valued at $73,000. Ascentis Independent Advisors purchased a new stake in shares of KraneShares Asia Pacific High Income Bond ETF in the first quarter valued at about $187,000. Koshinski Asset Management Inc. purchased a new stake in shares of KraneShares Asia Pacific High Income Bond ETF in the third quarter valued at about $203,000. Finally, Goldman Sachs Group Inc. purchased a new stake in shares of KraneShares Asia Pacific High Income Bond ETF in the first quarter valued at about $530,000.

About KraneShares Asia Pacific High Income Bond ETF

(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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