Short Interest in KraneShares 2x Long PDD Daily ETF (NASDAQ:KPDD) Rises By 192.4%

KraneShares 2x Long PDD Daily ETF (NASDAQ:KPDD) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 924,850 shares, a growth of 192.4% from the July 15th total of 316,342 shares. Currently, 25.7% of the shares of the stock are short sold. Based on an average trading volume of 128,662 shares, the short-interest ratio is currently 7.2 days.

KraneShares 2x Long PDD Daily ETF Price Performance

Shares of NASDAQ:KPDD traded down $0.64 during trading on Thursday, reaching $5.44. 218,187 shares of the stock were exchanged, compared to its average volume of 207,122. KraneShares 2x Long PDD Daily ETF has a 1-year low of $4.10 and a 1-year high of $29.15. The stock has a fifty day moving average of $5.53 and a two-hundred day moving average of $7.47.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in KraneShares 2x Long PDD Daily ETF stock. Susquehanna International Group LLP purchased a new position in KraneShares 2x Long PDD Daily ETF (NASDAQ:KPDD) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 21,846 shares of the company’s stock, valued at approximately $581,000. Susquehanna International Group LLP owned about 3.64% of KraneShares 2x Long PDD Daily ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

KraneShares 2x Long PDD Daily ETF Company Profile

There is no description available for this ETF.