KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) Stock Price Down 0.1% – Here’s Why

KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBORGet Free Report) fell 0.1% on Thursday . The company traded as low as $28.46 and last traded at $28.63. 2,685 shares traded hands during trading, a decline of 45% from the average session volume of 4,906 shares. The stock had previously closed at $28.66.

KraneShares MSCI One Belt One Road Index ETF Stock Down 0.1%

The stock’s 50-day simple moving average is $27.74 and its 200 day simple moving average is $26.09. The firm has a market cap of $2.86 million, a P/E ratio of 11.41 and a beta of 0.52.

KraneShares MSCI One Belt One Road Index ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 22nd were given a dividend of $0.5146 per share. The ex-dividend date was Monday, December 22nd. This represents a dividend yield of 194.0%.

KraneShares MSCI One Belt One Road Index ETF Company Profile

(Get Free Report)

The KraneShares MSCI One Belt One Road Index ETF (OBOR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-selected, tier-weighted index of companies likely to benefit from China’s One Belt, One Road initiative. OBOR was launched on Sep 7, 2017 and is managed by KraneShares.

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