KraneShares 2x Long MELI Daily ETF (NASDAQ:KMLI) Sees Significant Decline in Short Interest

Posted by on Aug 11th, 2026

KraneShares 2x Long MELI Daily ETF (NASDAQ:KMLI – Get Free Report) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 2,859 shares, a drop of 96.0% from the July 15th total of 71,075 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 40,047 shares, the days-to-cover ratio is presently 0.1 days.

KraneShares 2x Long MELI Daily ETF Trading Up 13.0%

Shares of NASDAQ:KMLI traded up $1.22 during midday trading on Tuesday, hitting $10.63. The company had a trading volume of 103,405 shares, compared to its average volume of 68,114. KraneShares 2x Long MELI Daily ETF has a 12-month low of $6.74 and a 12-month high of $26.67. The company has a fifty day moving average of $8.92 and a two-hundred day moving average of $9.97.

KraneShares 2x Long MELI Daily ETF Company Profile

(Get Free Report)

KraneShares Trust – KraneShares 2x Long MELI Daily ETF is an exchange traded fund launched and managed by Krane Funds Advisors, LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across consumer discretionary sector and the consumer discretionary distribution and retail industry. The fund uses derivatives such as options and swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization.

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