Short Interest in KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) Increases By 28.9%

KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 60,364 shares, a growth of 28.9% from the January 15th total of 46,847 shares. Currently, 3.6% of the shares of the company are sold short. Based on an average daily volume of 68,850 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 68,850 shares, the days-to-cover ratio is currently 0.9 days. Currently, 3.6% of the shares of the company are sold short.

KraneShares Emerging Markets Consumer Technology ETF Stock Performance

NYSEARCA KEMQ traded down $0.07 on Monday, hitting $25.37. 23,380 shares of the stock traded hands, compared to its average volume of 40,869. The business’s fifty day moving average is $25.93 and its two-hundred day moving average is $25.52. KraneShares Emerging Markets Consumer Technology ETF has a 12 month low of $15.95 and a 12 month high of $28.47. The firm has a market capitalization of $43.13 million, a price-to-earnings ratio of 18.05 and a beta of 0.83.

KraneShares Emerging Markets Consumer Technology ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 22nd were issued a dividend of $1.2982 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a yield of 529.0%.

Institutional Trading of KraneShares Emerging Markets Consumer Technology ETF

Institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. purchased a new position in KraneShares Emerging Markets Consumer Technology ETF in the 2nd quarter valued at approximately $48,000. Jane Street Group LLC grew its position in shares of KraneShares Emerging Markets Consumer Technology ETF by 60.7% in the second quarter. Jane Street Group LLC now owns 23,586 shares of the company’s stock valued at $531,000 after purchasing an additional 8,910 shares in the last quarter. Tradition Wealth Management LLC raised its stake in shares of 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 valued at $417,000 after purchasing an additional 7,970 shares during the period. Finally, LPL Financial LLC lifted 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 purchasing an additional 456,361 shares in the last quarter.

About KraneShares Emerging Markets Consumer Technology ETF

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.