KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) Short Interest Update

KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 171,826 shares, an increase of 71.0% from the May 14th total of 100,480 shares. Currently, 3.0% of the company’s stock are short sold. Based on an average daily trading volume, of 123,953 shares, the short-interest ratio is currently 1.4 days.

KraneShares Bosera MSCI China A 50 Connect Index ETF Trading Up 2.3%

NYSEARCA:KBA traded up $0.78 on Monday, reaching $34.65. The stock had a trading volume of 65,178 shares, compared to its average volume of 125,324. The company has a 50-day moving average of $33.09 and a 200 day moving average of $31.50. The stock has a market cap of $197.51 million, a P/E ratio of 13.75 and a beta of 0.16. KraneShares Bosera MSCI China A 50 Connect Index ETF has a 12-month low of $23.71 and a 12-month high of $35.31.

Hedge Funds Weigh In On KraneShares Bosera MSCI China A 50 Connect Index ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KBA. Jane Street Group LLC boosted its position in KraneShares Bosera MSCI China A 50 Connect Index ETF by 1,604.7% in the 1st quarter. Jane Street Group LLC now owns 272,207 shares of the company’s stock valued at $6,430,000 after buying an additional 256,239 shares during the last quarter. MML Investors Services LLC lifted its position in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 58.4% during the second quarter. MML Investors Services LLC now owns 36,307 shares of the company’s stock worth $882,000 after purchasing an additional 13,379 shares during the last quarter. Corient Private Wealth LLC bought a new position in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF during the second quarter worth about $268,000. Osaic Holdings Inc. lifted its position in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 10.5% during the second quarter. Osaic Holdings Inc. now owns 4,132 shares of the company’s stock worth $100,000 after purchasing an additional 394 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 171.5% during the third quarter. Envestnet Asset Management Inc. now owns 95,418 shares of the company’s stock worth $2,869,000 after purchasing an additional 60,267 shares during the last quarter.

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.