KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) Sees Large Increase in Short Interest

KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 232 shares, a growth of 163.6% from the June 15th total of 88 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 337 shares, the days-to-cover ratio is currently 0.7 days.

KraneShares Man Buyout Beta Index ETF Price Performance

BUYO stock opened at $32.99 on Thursday. The company has a market cap of $16.50 million, a price-to-earnings ratio of 18.59 and a beta of 1.08. The company has a fifty day moving average price of $31.97 and a 200 day moving average price of $29.94. KraneShares Man Buyout Beta Index ETF has a 12 month low of $24.67 and a 12 month high of $33.88.

Institutional Investors Weigh In On KraneShares Man Buyout Beta Index ETF

An institutional investor recently bought a new stake in KraneShares Man Buyout Beta Index ETF stock. Ascentis Independent Advisors purchased a new position in shares of KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) during the first quarter, according to the company in its most recent Form 13F 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 as of its most recent SEC filing.

About KraneShares Man Buyout Beta Index ETF

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.