KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ – Get Free Report) saw a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 3,490 shares, a decrease of 88.7% from the April 15th total of 30,773 shares. Based on an average trading volume of 9,667 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the shares of the stock are short sold.
KraneShares Emerging Markets Consumer Technology ETF Trading Down 2.7%
NYSEARCA:KEMQ traded down $0.69 during trading hours on Tuesday, hitting $25.09. 26,690 shares of the company were exchanged, compared to its average volume of 26,627. The stock has a market capitalization of $40.14 million, a price-to-earnings ratio of 18.05 and a beta of 0.90. KraneShares Emerging Markets Consumer Technology ETF has a one year low of $19.80 and a one year high of $28.47. The company has a fifty day simple moving average of $23.67 and a 200 day simple moving average of $25.18.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of KEMQ. Raymond James Financial Inc. acquired a new stake in KraneShares Emerging Markets Consumer Technology ETF during the 2nd quarter worth about $48,000. Jane Street Group LLC grew its holdings in KraneShares Emerging Markets Consumer Technology ETF by 60.7% during the 2nd quarter. Jane Street Group LLC now owns 23,586 shares of the company’s stock worth $531,000 after acquiring an additional 8,910 shares during the period. Tradition Wealth Management LLC grew its holdings in KraneShares Emerging Markets Consumer Technology ETF by 89.2% during the 4th quarter. Tradition Wealth Management LLC now owns 16,903 shares of the company’s stock worth $417,000 after acquiring an additional 7,970 shares during the period. Finally, LPL Financial LLC grew its holdings in KraneShares Emerging Markets Consumer Technology ETF by 356.5% during the 4th quarter. LPL Financial LLC now owns 584,373 shares of the company’s stock worth $14,405,000 after acquiring an additional 456,361 shares during the period.
KraneShares Emerging Markets Consumer Technology ETF Company Profile
The KraneShares Emerging Markets Consumer Technology Index ETF (KEMQ) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a committee-selected, tier-weighted index of 50 emerging market technology companies. KEMQ was launched on Oct 11, 2017 and is managed by KraneShares.
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