KraneShares MSCI Emerging Markets ex China Index ETF (NYSEARCA:KEMX – Get Free Report) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 3,981 shares, a decrease of 45.4% from the August 15th total of 7,290 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 7,060 shares, the short-interest ratio is currently 0.6 days.
KraneShares MSCI Emerging Markets ex China Index ETF Trading Up 0.2%
KraneShares MSCI Emerging Markets ex China Index ETF stock traded up $0.12 during trading hours on Wednesday, reaching $50.48. 7,039 shares of the company were exchanged, compared to its average volume of 19,974. The firm has a market cap of $151.39 million, a price-to-earnings ratio of 14.81 and a beta of 0.89. The stock has a 50-day moving average of $49.93 and a 200 day moving average of $47.86. KraneShares MSCI Emerging Markets ex China Index ETF has a 12 month low of $34.23 and a 12 month high of $54.90.
Hedge Funds Weigh In On KraneShares MSCI Emerging Markets ex China Index ETF
Several large investors have recently made changes to their positions in the business. PNC Financial Services Group Inc. bought a new stake in shares of KraneShares MSCI Emerging Markets ex China Index ETF in the first quarter valued at approximately $47,000. Invested Advisors bought a new stake in KraneShares MSCI Emerging Markets ex China Index ETF in the 2nd quarter valued at $200,000. Cetera Investment Advisers bought a new stake in KraneShares MSCI Emerging Markets ex China Index ETF in the 1st quarter valued at $404,000. SFG Wealth Management LLC. grew its position in KraneShares MSCI Emerging Markets ex China Index ETF by 78.3% in the 2nd quarter. SFG Wealth Management LLC. now owns 18,879 shares of the company’s stock worth $991,000 after purchasing an additional 8,292 shares during the last quarter. Finally, Ascentis Independent Advisors acquired a new stake in KraneShares MSCI Emerging Markets ex China Index ETF in the 1st quarter worth $1,114,000.
KraneShares MSCI Emerging Markets ex China Index ETF Company Profile
The KraneShares MSCI Emerging Markets ex China Index ETF (KEMX) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund tracks the investment results of an index focused on large-cap and mid-cap companies within emerging market countries, excluding China. KEMX was launched on Apr 12, 2019 and is managed by KraneShares.
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