KraneShares 2x Long PDD Daily ETF (NASDAQ:KPDD) Short Interest Update

KraneShares 2x Long PDD Daily ETF (NASDAQ:KPDD) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 924,850 shares, an increase of 192.4% from the July 15th total of 316,342 shares. Based on an average daily trading volume, of 128,662 shares, the days-to-cover ratio is currently 7.2 days. Currently, 25.7% of the company’s stock are short sold.

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

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

KraneShares 2x Long PDD Daily ETF Trading Up 1.3%

KraneShares 2x Long PDD Daily ETF stock traded up $0.07 during mid-day trading on Friday, reaching $5.51. The stock had a trading volume of 51,555 shares, compared to its average volume of 206,167. KraneShares 2x Long PDD Daily ETF has a fifty-two week low of $4.10 and a fifty-two week high of $29.15. The stock’s 50-day simple moving average is $5.51 and its 200-day simple moving average is $7.43.

KraneShares 2x Long PDD Daily ETF Company Profile

There is no description available for this ETF.