KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) Short Interest Up 41.4% in February

KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 368,655 shares, a growth of 41.4% from the January 29th total of 260,682 shares. Based on an average trading volume of 138,011 shares, the short-interest ratio is presently 2.7 days. Approximately 5.6% of the company’s shares are short sold. Approximately 5.6% of the company’s shares are short sold. Based on an average trading volume of 138,011 shares, the short-interest ratio is presently 2.7 days.

Hedge Funds Weigh In On KraneShares Mount Lucas Managed Futures Index Strategy ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Simplex Trading LLC acquired a new position in KraneShares Mount Lucas Managed Futures Index Strategy ETF during the fourth quarter valued at $26,000. EverSource Wealth Advisors LLC purchased a new position in KraneShares Mount Lucas Managed Futures Index Strategy ETF during the third quarter valued at approximately $105,000. Advisory Services Network LLC acquired a new position in KraneShares Mount Lucas Managed Futures Index Strategy ETF in the 3rd quarter valued at approximately $148,000. Wealthcare Capital Management LLC purchased a new stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF in the 3rd quarter worth approximately $209,000. Finally, Signet Private Wealth LLC acquired a new stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF during the 4th quarter valued at $258,000.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Stock Up 0.3%

Shares of NYSEARCA KMLM traded up $0.09 during trading on Friday, reaching $27.06. 96,079 shares of the stock were exchanged, compared to its average volume of 120,238. The business’s 50-day moving average price is $26.42 and its 200 day moving average price is $26.67. The company has a market capitalization of $178.60 million, a price-to-earnings ratio of 9.85 and a beta of -0.37. KraneShares Mount Lucas Managed Futures Index Strategy ETF has a twelve month low of $25.28 and a twelve month high of $27.54.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 22nd were given a $1.3035 dividend. This represents a dividend yield of 502.0%. The ex-dividend date was Monday, December 22nd.

About KraneShares Mount Lucas Managed Futures Index Strategy ETF

The KFA Mount Lucas Index Strategy ETF (KMLM) is an exchange-traded fund that is based on the KFA MLM index. The fund aims to track an index of long and short managed futures, based on a trend following methodology. The fund allocates to commodity, currency and global fixed income futures based on relative historical volatility. KMLM was launched on Dec 2, 2020 and is managed by KraneShares.