PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF) Short Interest Update

PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF) saw a large decrease in short interest in January. As of January 30th, there was short interest totaling 69,350 shares, a decrease of 59.2% from the January 15th total of 169,798 shares. Based on an average daily volume of 123,021 shares, the short-interest ratio is currently 0.6 days. Approximately 2.8% of the company’s stock are short sold. Approximately 2.8% of the company’s stock are short sold. Based on an average daily volume of 123,021 shares, the short-interest ratio is currently 0.6 days.

PLUS Korea Defense Industry Index ETF Price Performance

KDEF traded down $1.09 during trading on Thursday, hitting $54.46. The company had a trading volume of 116,476 shares, compared to its average volume of 124,406. PLUS Korea Defense Industry Index ETF has a 1-year low of $23.22 and a 1-year high of $59.45. The company has a market cap of $132.88 million, a PE ratio of 23.08 and a beta of 3.24. The business has a 50-day moving average of $50.59 and a 200-day moving average of $46.70.

Hedge Funds Weigh In On PLUS Korea Defense Industry Index ETF

A number of large investors have recently bought and sold shares of KDEF. Pekin Hardy Strauss Inc. lifted its position in PLUS Korea Defense Industry Index ETF by 9.1% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 12,000 shares of the company’s stock valued at $527,000 after purchasing an additional 1,000 shares during the last quarter. TD Waterhouse Canada Inc. boosted its position in PLUS Korea Defense Industry Index ETF by 30.5% during the 4th quarter. TD Waterhouse Canada Inc. now owns 8,674 shares of the company’s stock worth $377,000 after acquiring an additional 2,028 shares during the period. Laurel Wealth Advisors LLC boosted its position in PLUS Korea Defense Industry Index ETF by 4,029.3% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,097 shares of the company’s stock worth $128,000 after acquiring an additional 3,022 shares during the period. Militia Capital Partners LP bought a new position in shares of PLUS Korea Defense Industry Index ETF in the third quarter worth $240,000. Finally, Trek Financial LLC increased its holdings in shares of PLUS Korea Defense Industry Index ETF by 22.7% during the second quarter. Trek Financial LLC now owns 40,330 shares of the company’s stock valued at $1,665,000 after purchasing an additional 7,462 shares during the period.

About PLUS Korea Defense Industry Index ETF

The PLUS Korea Defense Industry Index ETF (KDEF) is an exchange-traded fund that is based on the Korea Defense Industry index. The fund is passively managed to track an index which provides concentrated exposure to Koreas leading defense companies. The fund uses an AI program to identify, score and select companies for industry relevance KDEF was launched on Feb 5, 2025 and is issued by PLUS.