KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) Shares Down 0.7% – Here’s What Happened

KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBORGet Free Report)’s stock price dropped 0.7% during mid-day trading on Thursday . The company traded as low as $27.50 and last traded at $27.50. 938 shares were traded during mid-day trading, a decline of 71% from the average session volume of 3,216 shares. The stock had previously closed at $27.70.

KraneShares MSCI One Belt One Road Index ETF Stock Performance

The firm has a fifty day simple moving average of $26.45 and a 200 day simple moving average of $27.55. The company has a market cap of $4.14 million, a PE ratio of 11.41 and a beta of 0.44.

KraneShares MSCI One Belt One Road Index ETF Company Profile

(Get Free Report)

The KraneShares MSCI One Belt One Road Index ETF (OBOR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-selected, tier-weighted index of companies likely to benefit from China’s One Belt, One Road initiative. OBOR was launched on Sep 7, 2017 and is managed by KraneShares.

Further Reading

Receive News & Ratings for KraneShares MSCI One Belt One Road Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KraneShares MSCI One Belt One Road Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.