KraneShares 2x Long MELI Daily ETF (NASDAQ:KMLI – Get Free Report) shares traded down 1.4% during mid-day trading on Thursday . The company traded as low as $13.04 and last traded at $13.07. 24,655 shares changed hands during mid-day trading, a decline of 12% from the average session volume of 27,944 shares. The stock had previously closed at $13.25.
KraneShares 2x Long MELI Daily ETF Trading Up 0.1%
The stock has a fifty day moving average of $14.43 and a two-hundred day moving average of $18.44.
KraneShares 2x Long MELI Daily ETF Cuts Dividend
The firm also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a $0.0152 dividend. This represents a dividend yield of 11.0%. The ex-dividend date was Tuesday, December 30th.
About KraneShares 2x Long MELI Daily ETF
KraneShares Trust – KraneShares 2x Long MELI Daily ETF is an exchange traded fund launched and managed by Krane Funds Advisors, LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across consumer discretionary sector and the consumer discretionary distribution and retail industry. The fund uses derivatives such as options and swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization.
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