PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF – Get Free Report) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 12,057 shares, an increase of 111.9% from the May 31st total of 5,691 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average trading volume of 170,351 shares, the days-to-cover ratio is currently 0.1 days.
PLUS Korea Defense Industry Index ETF Stock Up 5.9%
Shares of PLUS Korea Defense Industry Index ETF stock opened at $41.24 on Tuesday. The stock’s 50-day simple moving average is $52.56 and its 200-day simple moving average is $53.90. PLUS Korea Defense Industry Index ETF has a 52 week low of $37.80 and a 52 week high of $67.41. The company has a market capitalization of $133.21 million, a price-to-earnings ratio of 23.08 and a beta of 1.23.
Institutional Trading of PLUS Korea Defense Industry Index ETF
Several institutional investors and hedge funds have recently added to or reduced their stakes in KDEF. Militia Capital Partners LP purchased a new position in PLUS Korea Defense Industry Index ETF in the 3rd quarter worth approximately $240,000. TD Waterhouse Canada Inc. grew its holdings in PLUS Korea Defense Industry Index ETF by 30.5% during the 4th quarter. TD Waterhouse Canada Inc. now owns 8,674 shares of the company’s stock valued at $377,000 after buying an additional 2,028 shares in the last quarter. Pekin Hardy Strauss Inc. grew its holdings in PLUS Korea Defense Industry Index ETF by 9.1% during the 4th quarter. Pekin Hardy Strauss Inc. now owns 12,000 shares of the company’s stock valued at $527,000 after buying an additional 1,000 shares in the last quarter. OLD Mission Capital LLC bought a new stake in shares of PLUS Korea Defense Industry Index ETF during the fourth quarter valued at approximately $745,000. Finally, Helios Capital Management PTE. Ltd. bought a new stake in shares of PLUS Korea Defense Industry Index ETF during the first quarter valued at approximately $791,000.
PLUS Korea Defense Industry Index ETF Company Profile
The PLUS Korea Defense Industry Index ETF (KDEF) is an exchange-traded fund that is based on the Korea Defense Industry index. The fund is passively managed to track an index which provides concentrated exposure to Koreas leading defense companies. The fund uses an AI program to identify, score and select companies for industry relevance KDEF was launched on Feb 5, 2025 and is issued by PLUS.
Featured Articles
- Five stocks we like better than PLUS Korea Defense Industry Index ETF
- The AI Boom Has a Second Act—And It’s Playing Out in Optics
- Gold’s 2026 Rally Has Cracked—Is It Time to Buy the Pullback?
- 5 Tech Stocks to Buy on the July Pullback
- Is OpenAI’s IPO Delay a Warning for AI Investors?
Receive News & Ratings for PLUS Korea Defense Industry Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PLUS Korea Defense Industry Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
