KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) Short Interest Update

KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 285,639 shares, an increase of 72.9% from the April 15th total of 165,229 shares. Currently, 5.0% of the shares of the company are sold short. Based on an average trading volume of 45,459 shares, the short-interest ratio is presently 6.3 days.

Institutional Investors Weigh In On KraneShares Bosera MSCI China A 50 Connect Index ETF

Institutional investors have recently modified their holdings of the business. IFP Advisors Inc boosted its position in KraneShares Bosera MSCI China A 50 Connect Index ETF by 446.6% during the third quarter. IFP Advisors Inc now owns 1,208 shares of the company’s stock worth $36,000 after purchasing an additional 987 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 783.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,818 shares of the company’s stock worth $118,000 after purchasing an additional 3,386 shares in the last quarter. Osaic Holdings Inc. increased its stake in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 10.5% during the second quarter. Osaic Holdings Inc. now owns 4,132 shares of the company’s stock worth $100,000 after purchasing an additional 394 shares in the last quarter. Fifth Third Bancorp acquired a new position in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF during the 1st quarter worth about $132,000. Finally, Kestra Advisory Services LLC purchased a new position in KraneShares Bosera MSCI China A 50 Connect Index ETF in the 4th quarter valued at about $188,000.

KraneShares Bosera MSCI China A 50 Connect Index ETF Trading Down 0.5%

KraneShares Bosera MSCI China A 50 Connect Index ETF stock traded down $0.17 during mid-day trading on Tuesday, hitting $33.30. The company had a trading volume of 360,585 shares, compared to its average volume of 134,296. The company has a market capitalization of $189.81 million, a price-to-earnings ratio of 13.75 and a beta of 0.16. KraneShares Bosera MSCI China A 50 Connect Index ETF has a 12-month low of $23.44 and a 12-month high of $35.31. The company’s fifty day moving average is $31.70 and its 200-day moving average is $31.03.

KraneShares Bosera MSCI China A 50 Connect Index ETF Company Profile

The KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA) is an exchange-traded fund that is based on the MSCI China A 50 Connect index. The fund tracks a subset of market cap-weighted large- and mid-cap Chinese equities listed in Shanghai and Shenzhen. KBA was launched on Mar 5, 2014 and is managed by KraneShares.