Short Interest in KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) Increases By 107.3%

KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 371,206 shares, a growth of 107.3% from the April 15th total of 179,032 shares. Based on an average trading volume of 390,237 shares, the short-interest ratio is presently 1.0 days. Approximately 3.9% of the company’s stock are sold short.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Stock Up 0.7%

Shares of NYSEARCA:KMLM traded up $0.21 during trading on Friday, hitting $29.84. The stock had a trading volume of 282,238 shares, compared to its average volume of 206,625. KraneShares Mount Lucas Managed Futures Index Strategy ETF has a 12 month low of $25.28 and a 12 month high of $30.17. The company has a market capitalization of $286.46 million, a PE ratio of 9.85 and a beta of -0.36. The firm’s fifty day moving average is $28.45 and its 200 day moving average is $27.22.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. ORG Wealth Partners LLC grew its stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 1.3% in the 4th quarter. ORG Wealth Partners LLC now owns 30,714 shares of the company’s stock worth $797,000 after buying an additional 391 shares during the last quarter. FMA Wealth Management LLC grew its stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 2.3% in the 4th quarter. FMA Wealth Management LLC now owns 22,954 shares of the company’s stock worth $596,000 after buying an additional 525 shares during the last quarter. Latitude Advisors LLC grew its stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 0.7% in the 1st quarter. Latitude Advisors LLC now owns 79,276 shares of the company’s stock worth $2,236,000 after buying an additional 529 shares during the last quarter. Andina Capital Management LLC grew its stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 2.6% in the 3rd quarter. Andina Capital Management LLC now owns 33,883 shares of the company’s stock worth $912,000 after buying an additional 846 shares during the last quarter. Finally, Illumine Investment Management LLC grew its stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 0.8% in the 3rd quarter. Illumine Investment Management LLC now owns 109,852 shares of the company’s stock worth $2,958,000 after buying an additional 911 shares during the last quarter.

About KraneShares Mount Lucas Managed Futures Index Strategy ETF

The KFA Mount Lucas Index Strategy ETF (KMLM) is an exchange-traded fund that is based on the KFA MLM index. The fund aims to track an index of long and short managed futures, based on a trend following methodology. The fund allocates to commodity, currency and global fixed income futures based on relative historical volatility. KMLM was launched on Dec 2, 2020 and is managed by KraneShares.