KraneShares 2x Long JD Daily ETF (NASDAQ:KJD) Sees Large Growth in Short Interest

KraneShares 2x Long JD Daily ETF (NASDAQ:KJD – Get Free Report) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 2,739 shares, a growth of 103.2% from the September 30th total of 1,348 shares. Currently, 3.4% of the shares of the stock are short sold. Based on an average trading volume of 4,876 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in KraneShares 2x Long JD Daily ETF stock. DGS Capital Management LLC purchased a new stake in KraneShares 2x Long JD Daily ETF (NASDAQ:KJD – Free Report) during the first quarter, according to its most recent disclosure with the SEC. The firm purchased 11,555 shares of the company’s stock, valued at approximately $216,000. DGS Capital Management LLC owned approximately 11.55% of KraneShares 2x Long JD Daily ETF at the end of the most recent quarter.

KraneShares 2x Long JD Daily ETF Price Performance

KJD traded up $7.38 during midday trading on Friday, hitting $14.76. The company has a 50 day moving average of $15.20 and a two-hundred day moving average of $17.70. KraneShares 2x Long JD Daily ETF has a twelve month low of $13.18 and a twelve month high of $28.34.

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