KraneShares 2x Long PDD Daily ETF (NASDAQ:KPDD) Short Interest Down 74.4% in June

KraneShares 2x Long PDD Daily ETF (NASDAQ:KPDDGet Free Report) was the target of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 134,326 shares, a decrease of 74.4% from the June 15th total of 524,671 shares. Approximately 3.2% of the shares of the stock are short sold. Based on an average trading volume of 264,114 shares, the short-interest ratio is presently 0.5 days.

KraneShares 2x Long PDD Daily ETF Stock Down 1.4%

Shares of KPDD stock opened at $5.58 on Tuesday. KraneShares 2x Long PDD Daily ETF has a 1 year low of $4.10 and a 1 year high of $29.15. The stock has a fifty day moving average price of $6.13 and a 200 day moving average price of $8.33.

Hedge Funds Weigh In On KraneShares 2x Long PDD Daily ETF

A hedge fund recently bought a new position in KraneShares 2x Long PDD Daily ETF stock. Susquehanna International Group LLP acquired a new position in shares of KraneShares 2x Long PDD Daily ETF (NASDAQ:KPDDFree Report) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 21,846 shares of the company’s stock, valued at approximately $581,000. Susquehanna International Group LLP owned about 3.64% of KraneShares 2x Long PDD Daily ETF as of its most recent SEC filing.

About KraneShares 2x Long PDD Daily ETF

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