KraneShares Value Line Dynamic Dividend Equity Index ETF (NYSEARCA:KVLE) Stock Short Interest Rises 180.5%

KraneShares Value Line Dynamic Dividend Equity Index ETF (NYSEARCA:KVLE – Get Free Report) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 1,425 shares, an increase of 180.5% from the September 15th total of 508 shares. Based on an average daily volume of 2,496 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Trading of KraneShares Value Line Dynamic Dividend Equity Index ETF

A hedge fund recently bought a new position in KraneShares Value Line Dynamic Dividend Equity Index ETF stock. TD Waterhouse Canada Inc. acquired a new stake in KraneShares Value Line Dynamic Dividend Equity Index ETF (NYSEARCA:KVLE – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,403 shares of the company’s stock, valued at approximately $136,000. TD Waterhouse Canada Inc. owned about 0.30% of KraneShares Value Line Dynamic Dividend Equity Index ETF as of its most recent SEC filing.

Get KraneShares Value Line Dynamic Dividend Equity Index ETF alerts:

KraneShares Value Line Dynamic Dividend Equity Index ETF Stock Up 0.0%

NYSEARCA:KVLE traded up $0.01 during mid-day trading on Tuesday, reaching $27.94. 1,445 shares of the stock were exchanged, compared to its average volume of 4,307. The stock has a market capitalization of $40.51 million, a P/E ratio of 16.25 and a beta of 0.82. KraneShares Value Line Dynamic Dividend Equity Index ETF has a 1 year low of $24.34 and a 1 year high of $29.59. The company has a 50 day simple moving average of $28.72 and a 200-day simple moving average of $27.83.

KraneShares Value Line Dynamic Dividend Equity Index ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were issued a dividend of $0.1641 per share. This is a decrease from KraneShares Value Line Dynamic Dividend Equity Index ETF’s previous quarterly dividend of $0.1663. This represents a $0.66 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Tuesday, September 29th.

About KraneShares Value Line Dynamic Dividend Equity Index ETF

(Get Free Report)

The KFA Value Line Dynamic Core Equity Index ETF (KVLE) is an exchange-traded fund that is based on the 3D\u002FL Value Line Dynamic Core Equity index. The fund tracks a multi-factor-weighted index of US large-cap stocks with high dividend yields and rated highly on a safety and timeliness ranking system. KVLE was launched on Nov 24, 2020 and is managed by KraneShares.

Featured Articles

• Five stocks we like better than KraneShares Value Line Dynamic Dividend Equity Index ETF
• A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
• Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
• Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
• Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs

Receive News & Ratings for KraneShares Value Line Dynamic Dividend Equity Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KraneShares Value Line Dynamic Dividend Equity Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.