KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEARCA:KARS – Get Free Report) was the target of a large drop in short interest in October. As of October 30th, there was short interest totaling 1,227 shares, a drop of 75.7% from the October 15th total of 5,046 shares. Based on an average daily volume of 6,446 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.
Institutional Trading of KraneShares Electric Vehicles and Future Mobility Index ETF
An institutional investor recently raised its position in KraneShares Electric Vehicles and Future Mobility Index ETF stock. Prime Capital Investment Advisors LLC grew its holdings in shares of KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEARCA:KARS – Free Report) by 18.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,371 shares of the company’s stock after buying an additional 4,723 shares during the period. Prime Capital Investment Advisors LLC owned 1.17% of KraneShares Electric Vehicles and Future Mobility Index ETF worth $843,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
KraneShares Electric Vehicles and Future Mobility Index ETF Trading Up 1.2%
KraneShares Electric Vehicles and Future Mobility Index ETF stock opened at $25.78 on Thursday. The stock has a market cap of $64.45 million, a P/E ratio of 17.34 and a beta of 1.09. The company has a fifty day simple moving average of $27.38 and a 200-day simple moving average of $31.28. KraneShares Electric Vehicles and Future Mobility Index ETF has a 12-month low of $24.95 and a 12-month high of $38.12.
KraneShares Electric Vehicles and Future Mobility Index ETF Company Profile
The KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market-cap-weighted index of stocks that are involved in the production of electric vehicles or other initiatives that may enhance future mobility. KARS was launched on Jan 18, 2018 and is managed by KraneShares.
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