KraneShares SSE Star Market 50 Index ETF (NYSEARCA:KSTR) Short Interest Up 97.5% in September

KraneShares SSE Star Market 50 Index ETF (NYSEARCA:KSTR) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 275,500 shares, an increase of 97.5% from the September 15th total of 139,500 shares. Based on an average daily volume of 59,400 shares, the short-interest ratio is presently 4.6 days. Based on an average daily volume of 59,400 shares, the short-interest ratio is presently 4.6 days.

KraneShares SSE Star Market 50 Index ETF Price Performance

NYSEARCA KSTR opened at $18.42 on Monday. The stock’s 50 day moving average is $18.07 and its 200 day moving average is $15.18. KraneShares SSE Star Market 50 Index ETF has a 12 month low of $11.86 and a 12 month high of $20.58.

Institutional Trading of KraneShares SSE Star Market 50 Index ETF

An institutional investor recently raised its position in KraneShares SSE Star Market 50 Index ETF stock. Prudential PLC grew its position in KraneShares SSE Star Market 50 Index ETF (NYSEARCA:KSTR) by 3.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 685,580 shares of the company’s stock after acquiring an additional 21,444 shares during the quarter. Prudential PLC owned 27.42% of KraneShares SSE Star Market 50 Index ETF worth $9,536,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

KraneShares SSE Star Market 50 Index ETF Company Profile

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.