KraneShares 2x Long BABA Daily ETF (NASDAQ:KBAB – Get Free Report) shares were up 0.2% during mid-day trading on Monday. The stock traded as high as $6.49 and last traded at $6.45. 10,042 shares changed hands during trading, a decline of 52% from the average daily volume of 20,876 shares. The stock had previously closed at $6.44.
KraneShares 2x Long BABA Daily ETF Trading Up 0.1%
The firm has a fifty day simple moving average of $7.15 and a 200 day simple moving average of $8.26. The stock has a market cap of $2.90 million, a price-to-earnings ratio of 14.81 and a beta of 2.64.
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.
See Also
- Five stocks we like better than KraneShares 2x Long BABA Daily ETF
- GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall?
- Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
- Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs
- Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors
Receive News & Ratings for KraneShares 2x Long BABA Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KraneShares 2x Long BABA Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.
