KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) Short Interest Update

KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 260,682 shares, a growth of 180.3% from the January 15th total of 93,015 shares. Based on an average trading volume of 128,764 shares, the short-interest ratio is currently 2.0 days. Approximately 3.9% of the shares of the company are short sold. Approximately 3.9% of the shares of the company are short sold. Based on an average trading volume of 128,764 shares, the short-interest ratio is currently 2.0 days.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Stock Up 0.3%

Shares of NYSEARCA:KMLM traded up $0.09 during midday trading on Friday, reaching $26.53. 100,481 shares of the company traded hands, compared to its average volume of 123,049. The firm’s fifty day moving average price is $26.46 and its two-hundred day moving average price is $26.64. The firm has a market capitalization of $175.10 million, a price-to-earnings ratio of 9.85 and a beta of -0.37. KraneShares Mount Lucas Managed Futures Index Strategy ETF has a 12 month low of $25.28 and a 12 month high of $27.54.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 22nd were given a dividend of $1.3035 per share. The ex-dividend date was Monday, December 22nd. This represents a dividend yield of 502.0%.

Hedge Funds Weigh In On KraneShares Mount Lucas Managed Futures Index Strategy ETF

Several hedge funds have recently bought and sold shares of the company. Integrity Alliance LLC. bought a new stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF during the 2nd quarter worth approximately $372,000. Bank of Montreal Can increased its holdings in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 1.8% in the second quarter. Bank of Montreal Can now owns 54,971 shares of the company’s stock worth $1,450,000 after purchasing an additional 986 shares during the period. Nvwm LLC increased its holdings in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 18.2% in the second quarter. Nvwm LLC now owns 23,307 shares of the company’s stock worth $615,000 after purchasing an additional 3,593 shares during the period. PFG Advisors raised its position in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 123.4% in the second quarter. PFG Advisors now owns 20,778 shares of the company’s stock worth $548,000 after buying an additional 11,476 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF during the second quarter valued at $3,713,000.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Company Profile

The KFA Mount Lucas Index Strategy ETF (KMLM) is an exchange-traded fund that is based on the KFA MLM index. The fund aims to track an index of long and short managed futures, based on a trend following methodology. The fund allocates to commodity, currency and global fixed income futures based on relative historical volatility. KMLM was launched on Dec 2, 2020 and is managed by KraneShares.