KraneShares Global Humanoid and Embodied Intelligence Index ETF (NASDAQ:KOID) Sees Significant Growth in Short Interest

KraneShares Global Humanoid and Embodied Intelligence Index ETF (NASDAQ:KOID) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 291,717 shares, a growth of 1,134.0% from the March 31st total of 23,639 shares. Based on an average trading volume of 86,276 shares, the days-to-cover ratio is presently 3.4 days. Currently, 7.3% of the shares of the stock are sold short.

KraneShares Global Humanoid and Embodied Intelligence Index ETF Price Performance

NASDAQ:KOID traded up $0.25 during mid-day trading on Friday, hitting $36.29. 35,607 shares of the stock traded hands, compared to its average volume of 68,159. The business’s 50-day moving average price is $33.86 and its 200 day moving average price is $32.52. KraneShares Global Humanoid and Embodied Intelligence Index ETF has a 12-month low of $24.85 and a 12-month high of $36.80.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Prime Capital Investment Advisors LLC bought a new position in shares of KraneShares Global Humanoid and Embodied Intelligence Index ETF in the third quarter worth $1,202,000. Kickstand Ventures LLC. purchased a new stake in shares of KraneShares Global Humanoid and Embodied Intelligence Index ETF in the third quarter worth $4,579,000. Finally, ORG Partners LLC bought a new stake in KraneShares Global Humanoid and Embodied Intelligence Index ETF during the fourth quarter valued at $30,000.

KraneShares Global Humanoid and Embodied Intelligence Index ETF Company Profile

KraneShares Trust – KraneShares Asia Robotics and Artificial Intelligence Index ETF is an exchange traded fund launched and managed by Krane Funds Advisors, LLC. The fund invests in public equity markets of Asia/Pacific region. The fund invests in stocks of companies operating across robotics and artificial intelligence sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Solactive Asia Robotics & Artificial Intelligence Index, by using representative sampling technique.