KraneShares 2x Long BABA Daily ETF (NASDAQ:KBAB) Announces Annual Dividend of $0.05

KraneShares 2x Long BABA Daily ETF (NASDAQ:KBAB) declared an annual dividend on Monday, December 29th, NASDAQ Dividends reports. Investors of record on Tuesday, December 30th will be paid a dividend of 0.0495 per share on Wednesday, December 31st. This represents a yield of 34.0%. The ex-dividend date of this dividend is Tuesday, December 30th.

KraneShares 2x Long BABA Daily ETF Stock Performance

KBAB traded down $0.30 during trading on Tuesday, reaching $14.42. The stock had a trading volume of 45,628 shares, compared to its average volume of 12,390. The business has a 50-day moving average of $26.24 and a 200-day moving average of $23.32. KraneShares 2x Long BABA Daily ETF has a one year low of $11.85 and a one year high of $41.12. The stock has a market cap of $3.61 million, a PE ratio of 14.81 and a beta of 9.86.

KraneShares 2x Long BABA Daily ETF Company Profile

KraneShares Trust – KraneShares 2x Long BABA Daily ETF is an exchange traded fund launched and managed by Krane Funds Advisors, LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across diversified sectors. The fund uses derivatives such as options and swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. KraneShares Trust – KraneShares 2x Long BABA Daily ETF is domiciled in the United States.