KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) Sees Significant Decrease in Short Interest

KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) was the target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 47 shares, a decrease of 93.5% from the April 30th total of 727 shares. Based on an average daily volume of 242 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Trading of KraneShares Man Buyout Beta Index ETF

An institutional investor recently bought a new position in KraneShares Man Buyout Beta Index ETF stock. Ascentis Independent Advisors purchased a new stake in KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 20,504 shares of the company’s stock, valued at approximately $567,000. Ascentis Independent Advisors owned about 4.10% of KraneShares Man Buyout Beta Index ETF at the end of the most recent reporting period.

KraneShares Man Buyout Beta Index ETF Stock Down 0.7%

BUYO traded down $0.22 during trading hours on Wednesday, hitting $31.34. 7,120 shares of the company’s stock were exchanged, compared to its average volume of 1,022. KraneShares Man Buyout Beta Index ETF has a 1-year low of $23.79 and a 1-year high of $31.56. The stock’s 50-day moving average is $29.38 and its two-hundred day moving average is $28.66. The stock has a market cap of $15.67 million, a price-to-earnings ratio of 18.59 and a beta of 1.17.

KraneShares Man Buyout Beta Index ETF Company Profile

The KraneShares Man Buyout Beta Index ETF (BUYO) is an exchange-traded fund that is based on the Man Buyout Beta index, a market-cap-weighted index designed to deliver private-equity-like performance through investments in small- and mid-cap US stocks BUYO was launched on Oct 8, 2024 and is issued by KraneShares.