PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF – Get Free Report) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 36,911 shares, an increase of 104.1% from the June 30th total of 18,088 shares. Based on an average daily trading volume, of 65,190 shares, the days-to-cover ratio is currently 0.6 days. Currently, 1.4% of the shares of the company are sold short.
PLUS Korea Defense Industry Index ETF Stock Up 12.4%
Shares of NYSEARCA:KDEF opened at $37.73 on Friday. PLUS Korea Defense Industry Index ETF has a fifty-two week low of $33.17 and a fifty-two week high of $67.41. The firm has a 50-day simple moving average of $43.37 and a 200 day simple moving average of $52.84. The company has a market cap of $99.61 million, a PE ratio of 23.08 and a beta of 1.46.
Institutional Trading of PLUS Korea Defense Industry Index ETF
Hedge funds have recently made changes to their positions in the stock. Spectrum Strategic Capital Management LLC acquired a new position in shares of PLUS Korea Defense Industry Index ETF during the fourth quarter valued at $2,268,000. Helios Capital Management PTE. Ltd. acquired a new stake in shares of PLUS Korea Defense Industry Index ETF in the 1st quarter worth about $791,000. Jane Street Group LLC bought a new stake in PLUS Korea Defense Industry Index ETF in the 1st quarter valued at about $1,352,000. OLD Mission Capital LLC bought a new stake in PLUS Korea Defense Industry Index ETF in the 4th quarter valued at about $745,000. Finally, Militia Capital Partners LP acquired a new position in PLUS Korea Defense Industry Index ETF during the 3rd quarter valued at about $240,000.
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.
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