KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) Short Interest Update

KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 664 shares, an increase of 227.1% from the February 26th total of 203 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,136 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 7,136 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

KraneShares Asia Pacific High Income Bond ETF Stock Performance

Shares of KHYB traded up $0.25 during trading hours on Wednesday, reaching $23.98. The stock had a trading volume of 1,556 shares, compared to its average volume of 3,784. KraneShares Asia Pacific High Income Bond ETF has a 12 month low of $22.92 and a 12 month high of $24.88. The stock has a market capitalization of $16.79 million, a PE ratio of 10.02 and a beta of 0.16. The company’s 50-day moving average is $24.58 and its two-hundred day moving average is $24.52.

KraneShares Asia Pacific High Income Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were issued a $0.1864 dividend. This represents a c) dividend on an annualized basis and a yield of 9.3%. The ex-dividend date of this dividend was Thursday, February 26th. This is a boost from KraneShares Asia Pacific High Income Bond ETF’s previous monthly dividend of $0.19.

Institutional Trading of KraneShares Asia Pacific High Income Bond ETF

A number of hedge funds have recently made changes to their positions in KHYB. Simplicity Wealth LLC increased its stake in shares of KraneShares Asia Pacific High Income Bond ETF by 12.9% in the fourth quarter. Simplicity Wealth LLC now owns 63,747 shares of the company’s stock valued at $1,562,000 after buying an additional 7,295 shares during the period. Jane Street Group LLC boosted its position in KraneShares Asia Pacific High Income Bond ETF by 47.9% during the 1st quarter. Jane Street Group LLC now owns 47,267 shares of the company’s stock worth $1,139,000 after buying an additional 15,305 shares during the period. Goldman Sachs Group Inc. bought a new stake in KraneShares Asia Pacific High Income Bond ETF during the 1st quarter worth approximately $530,000. Koshinski Asset Management Inc. bought a new stake in KraneShares Asia Pacific High Income Bond ETF during the 3rd quarter worth approximately $203,000. Finally, Colonial Trust Advisors acquired a new position in KraneShares Asia Pacific High Income Bond ETF in the 3rd quarter valued at approximately $73,000.

About KraneShares Asia Pacific High Income Bond ETF

The KraneShares Asia Pacific High Income Bond ETF (KHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to primarily high-yield bonds from the Asia-Pacific. KHYB was launched on Jun 26, 2018 and is managed by KraneShares.