KraneShares 2x Long PDD Daily ETF (NASDAQ:KPDD – Get Free Report) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 2,341,737 shares, an increase of 1,083.6% from the May 14th total of 197,845 shares. Based on an average trading volume of 850,629 shares, the days-to-cover ratio is presently 2.8 days. Currently, 97.6% of the shares of the company are sold short.
Hedge Funds Weigh In On KraneShares 2x Long PDD Daily ETF
An institutional investor recently bought a new position in KraneShares 2x Long PDD Daily ETF stock. Susquehanna International Group LLP acquired a new position in shares of KraneShares 2x Long PDD Daily ETF (NASDAQ:KPDD – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 21,846 shares of the company’s stock, valued at approximately $581,000. Susquehanna International Group LLP owned approximately 3.64% of KraneShares 2x Long PDD Daily ETF as of its most recent SEC filing.
KraneShares 2x Long PDD Daily ETF Stock Performance
Shares of KPDD traded down $0.02 during midday trading on Wednesday, hitting $5.33. 222,853 shares of the stock traded hands, compared to its average volume of 215,766. KraneShares 2x Long PDD Daily ETF has a 1-year low of $5.24 and a 1-year high of $29.15. The business’s 50 day moving average price is $7.75 and its two-hundred day moving average price is $10.56.
KraneShares 2x Long PDD Daily ETF Company Profile
There is no description available for this ETF.
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