KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) Short Interest Down 93.5% in May

KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 47 shares, a decrease of 93.5% from the April 30th total of 727 shares. Based on an average daily volume of 242 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

KraneShares Man Buyout Beta Index ETF Stock Up 0.3%

KraneShares Man Buyout Beta Index ETF stock traded up $0.09 during midday trading on Friday, reaching $31.58. The stock had a trading volume of 7,045 shares, compared to its average volume of 1,072. KraneShares Man Buyout Beta Index ETF has a 52-week low of $23.79 and a 52-week high of $31.64. The firm has a market cap of $15.79 million, a price-to-earnings ratio of 18.59 and a beta of 1.17. The company has a fifty day moving average of $29.60 and a 200 day moving average of $28.74.

Institutional Trading of KraneShares Man Buyout Beta Index ETF

A hedge fund recently bought a new stake in KraneShares Man Buyout Beta Index ETF stock. Ascentis Independent Advisors acquired a new position in KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 20,504 shares of the company’s stock, valued at approximately $567,000. Ascentis Independent Advisors owned 4.10% of KraneShares Man Buyout Beta Index ETF at the end of the most recent reporting period.

About KraneShares Man Buyout Beta Index ETF

The KraneShares Man Buyout Beta Index ETF (BUYO) is an exchange-traded fund that is based on the Man Buyout Beta index, a market-cap-weighted index designed to deliver private-equity-like performance through investments in small- and mid-cap US stocks BUYO was launched on Oct 8, 2024 and is issued by KraneShares.