KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) Short Interest Up 44.8% in April

KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 165,229 shares, an increase of 44.8% from the March 31st total of 114,111 shares. Based on an average daily volume of 49,182 shares, the short-interest ratio is presently 3.4 days. Currently, 2.9% of the company’s shares are short sold.

Institutional Investors Weigh In On KraneShares Bosera MSCI China A 50 Connect Index ETF

Large investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc increased its position in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 446.6% during the third quarter. IFP Advisors Inc now owns 1,208 shares of the company’s stock worth $36,000 after acquiring an additional 987 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 783.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,818 shares of the company’s stock valued at $118,000 after acquiring an additional 3,386 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 10.5% in the second quarter. Osaic Holdings Inc. now owns 4,132 shares of the company’s stock valued at $100,000 after purchasing an additional 394 shares during the period. Kestra Advisory Services LLC bought a new position in KraneShares Bosera MSCI China A 50 Connect Index ETF in the fourth quarter worth approximately $188,000. Finally, Mutual Advisors LLC purchased a new position in KraneShares Bosera MSCI China A 50 Connect Index ETF during the 3rd quarter worth $259,000.

KraneShares Bosera MSCI China A 50 Connect Index ETF Trading Down 0.4%

Shares of KBA opened at $32.74 on Tuesday. The firm has a market capitalization of $186.62 million, a P/E ratio of 13.75 and a beta of 0.09. KraneShares Bosera MSCI China A 50 Connect Index ETF has a 12-month low of $22.81 and a 12-month high of $33.22. The firm has a fifty day moving average price of $30.86 and a 200-day moving average price of $30.66.

KraneShares Bosera MSCI China A 50 Connect Index ETF Company Profile

The KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA) is an exchange-traded fund that is based on the MSCI China A 50 Connect index. The fund tracks a subset of market cap-weighted large- and mid-cap Chinese equities listed in Shanghai and Shenzhen. KBA was launched on Mar 5, 2014 and is managed by KraneShares.