KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB – Get Free Report) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 5,047 shares, a growth of 1,039.3% from the May 14th total of 443 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily volume of 6,493 shares, the short-interest ratio is presently 0.8 days.
KraneShares Asia Pacific High Income Bond ETF Stock Performance
Shares of NYSEARCA:KHYB remained flat at $24.09 during trading hours on Thursday. 526 shares of the stock traded hands, compared to its average volume of 3,488. KraneShares Asia Pacific High Income Bond ETF has a one year low of $23.51 and a one year high of $24.88. The company’s 50 day simple moving average is $24.14 and its two-hundred day simple moving average is $24.37. The stock has a market cap of $14.45 million, a P/E ratio of 10.02 and a beta of 0.19.
Hedge Funds Weigh In On KraneShares Asia Pacific High Income Bond ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Stance Capital LLC acquired a new stake in shares of KraneShares Asia Pacific High Income Bond ETF in the third quarter worth $72,000. Colonial Trust Advisors acquired a new stake in KraneShares Asia Pacific High Income Bond ETF during the third quarter worth $73,000. Ascentis Independent Advisors acquired a new stake in KraneShares Asia Pacific High Income Bond ETF during the first quarter worth $187,000. Koshinski Asset Management Inc. acquired a new stake in KraneShares Asia Pacific High Income Bond ETF during the third quarter worth $203,000. Finally, Goldman Sachs Group Inc. acquired a new stake in KraneShares Asia Pacific High Income Bond ETF during the first quarter worth $530,000.
KraneShares Asia Pacific High Income Bond ETF Company Profile
The KraneShares Asia Pacific High Income Bond ETF (KHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to primarily high-yield bonds from the Asia-Pacific. KHYB was launched on Jun 26, 2018 and is managed by KraneShares.
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