KraneShares MSCI Emerging Markets ex China Index ETF (NYSEARCA:KEMX) Short Interest Up 451.2% in June

KraneShares MSCI Emerging Markets ex China Index ETF (NYSEARCA:KEMX) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 5,148 shares, an increase of 451.2% from the June 15th total of 934 shares. Based on an average daily volume of 10,351 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Trading of KraneShares MSCI Emerging Markets ex China Index ETF

Several large investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. purchased a new stake in KraneShares MSCI Emerging Markets ex China Index ETF during the 1st quarter worth approximately $47,000. IFP Advisors Inc increased its holdings in shares of KraneShares MSCI Emerging Markets ex China Index ETF by 31.7% in the 3rd quarter. IFP Advisors Inc now owns 1,840 shares of the company’s stock valued at $64,000 after acquiring an additional 443 shares during the last quarter. Susquehanna International Group LLP purchased a new stake in shares of KraneShares MSCI Emerging Markets ex China Index ETF during the 3rd quarter worth approximately $248,000. SFG Wealth Management LLC. acquired a new position in KraneShares MSCI Emerging Markets ex China Index ETF in the third quarter valued at $377,000. Finally, Janney Montgomery Scott LLC increased its position in KraneShares MSCI Emerging Markets ex China Index ETF by 3.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 10,853 shares of the company’s stock worth $402,000 after buying an additional 375 shares during the period.

KraneShares MSCI Emerging Markets ex China Index ETF Price Performance

KraneShares MSCI Emerging Markets ex China Index ETF stock traded down $1.83 during trading hours on Monday, reaching $49.15. The stock had a trading volume of 13,066 shares, compared to its average volume of 23,988. The company has a market cap of $127.79 million, a price-to-earnings ratio of 14.81 and a beta of 0.88. The business’s 50 day moving average price is $50.54 and its 200-day moving average price is $44.80. KraneShares MSCI Emerging Markets ex China Index ETF has a 52 week low of $31.87 and a 52 week high of $54.90.

KraneShares MSCI Emerging Markets ex China Index ETF Company Profile

The KraneShares MSCI Emerging Markets ex China Index ETF (KEMX) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund tracks the investment results of an index focused on large-cap and mid-cap companies within emerging market countries, excluding China. KEMX was launched on Apr 12, 2019 and is managed by KraneShares.