PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF) Short Interest Update

PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF) was the target of a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 38,782 shares, a decline of 44.1% from the January 29th total of 69,350 shares. Approximately 1.6% of the shares of the company are sold short. Based on an average daily volume of 117,396 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 117,396 shares, the days-to-cover ratio is currently 0.3 days. Approximately 1.6% of the shares of the company are sold short.

Institutional Investors Weigh In On PLUS Korea Defense Industry Index ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Jane Street Group LLC bought a new stake in shares of PLUS Korea Defense Industry Index ETF during the 1st quarter worth approximately $1,352,000. Pekin Hardy Strauss Inc. bought a new position in shares of PLUS Korea Defense Industry Index ETF in the 2nd quarter valued at $330,000. Laurel Wealth Advisors LLC boosted its stake in shares of PLUS Korea Defense Industry Index ETF by 4,029.3% during the second quarter. Laurel Wealth Advisors LLC now owns 3,097 shares of the company’s stock valued at $128,000 after purchasing an additional 3,022 shares in the last quarter. Trek Financial LLC boosted its position in PLUS Korea Defense Industry Index ETF by 22.7% during the 2nd quarter. Trek Financial LLC now owns 40,330 shares of the company’s stock worth $1,665,000 after buying an additional 7,462 shares during the period. Finally, TD Waterhouse Canada Inc. acquired a new position in shares of PLUS Korea Defense Industry Index ETF during the third quarter worth $331,000.

PLUS Korea Defense Industry Index ETF Stock Up 2.1%

Shares of PLUS Korea Defense Industry Index ETF stock traded up $1.27 during trading on Friday, reaching $60.88. The company’s stock had a trading volume of 97,644 shares, compared to its average volume of 116,028. PLUS Korea Defense Industry Index ETF has a 52 week low of $23.22 and a 52 week high of $61.16. The business’s 50-day moving average price is $53.87 and its 200-day moving average price is $47.96. The firm has a market cap of $148.55 million, a PE ratio of 23.08 and a beta of 3.24.

About PLUS Korea Defense Industry Index ETF

The PLUS Korea Defense Industry Index ETF (KDEF) is an exchange-traded fund that is based on the Korea Defense Industry index. The fund is passively managed to track an index which provides concentrated exposure to Koreas leading defense companies. The fund uses an AI program to identify, score and select companies for industry relevance KDEF was launched on Feb 5, 2025 and is issued by PLUS.