Short Interest in KraneShares SSE Star Market 50 Index ETF (NYSEARCA:KSTR) Grows By 102.3%

KraneShares SSE Star Market 50 Index ETF (NYSEARCA:KSTRGet Free Report) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 2,182,343 shares, a growth of 102.3% from the July 15th total of 1,078,707 shares. Currently, 14.1% of the shares of the company are sold short. Based on an average trading volume of 1,080,882 shares, the days-to-cover ratio is currently 2.0 days.

Institutional Investors Weigh In On KraneShares SSE Star Market 50 Index ETF

Large investors have recently made changes to their positions in the business. Citadel Advisors LLC bought a new stake in shares of KraneShares SSE Star Market 50 Index ETF during the 3rd quarter worth $3,245,000. Susquehanna International Group LLP boosted its holdings in shares of KraneShares SSE Star Market 50 Index ETF by 436.0% in the 3rd quarter. Susquehanna International Group LLP now owns 139,948 shares of the company’s stock worth $2,814,000 after buying an additional 113,838 shares during the last quarter. Finally, OLD Mission Capital LLC grew its position in KraneShares SSE Star Market 50 Index ETF by 47.9% during the fourth quarter. OLD Mission Capital LLC now owns 66,418 shares of the company’s stock valued at $1,236,000 after buying an additional 21,502 shares during the period.

KraneShares SSE Star Market 50 Index ETF Stock Performance

KraneShares SSE Star Market 50 Index ETF stock traded down $0.05 during mid-day trading on Friday, reaching $24.76. 517,749 shares of the company’s stock were exchanged, compared to its average volume of 498,089. The business’s fifty day simple moving average is $26.48 and its 200 day simple moving average is $23.14. KraneShares SSE Star Market 50 Index ETF has a one year low of $15.02 and a one year high of $32.54.

KraneShares SSE Star Market 50 Index ETF Company Profile

(Get Free Report)

The KraneShares SSE STAR Market 50 Index ETF (KSTR) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of the top 50 companies by market-cap that are listed on the Shanghai Stock Exchange (SSE) Science and Technology Innovation Board. KSTR was launched on Jan 27, 2021 and is managed by KraneShares.

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