KraneShares SSE Star Market 50 Index ETF (NYSEARCA:KSTR) Short Interest Update

KraneShares SSE Star Market 50 Index ETF (NYSEARCA:KSTR) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 82,189 shares, an increase of 19.9% from the February 12th total of 68,547 shares. Currently, 2.0% of the shares of the company are short sold. Based on an average trading volume of 200,168 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 200,168 shares, the short-interest ratio is currently 0.4 days. Currently, 2.0% of the shares of the company are short sold.

KraneShares SSE Star Market 50 Index ETF Trading Up 1.3%

Shares of NYSEARCA:KSTR traded up $0.25 during midday trading on Monday, hitting $19.55. The company’s stock had a trading volume of 37,389 shares, compared to its average volume of 335,120. The stock’s 50 day simple moving average is $20.64 and its 200 day simple moving average is $19.37. KraneShares SSE Star Market 50 Index ETF has a fifty-two week low of $11.86 and a fifty-two week high of $22.13.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of KSTR. OLD Mission Capital LLC boosted its position in shares of KraneShares SSE Star Market 50 Index ETF by 47.9% in the fourth quarter. OLD Mission Capital LLC now owns 66,418 shares of the company’s stock valued at $1,236,000 after acquiring an additional 21,502 shares during the period. Susquehanna International Group LLP increased its position in KraneShares SSE Star Market 50 Index ETF by 436.0% during the third quarter. Susquehanna International Group LLP now owns 139,948 shares of the company’s stock worth $2,814,000 after acquiring an additional 113,838 shares during the period. Citadel Advisors LLC acquired a new position in KraneShares SSE Star Market 50 Index ETF during the 3rd quarter valued at $3,245,000. Finally, Prudential PLC raised its stake in KraneShares SSE Star Market 50 Index ETF by 7.9% during the 2nd quarter. Prudential PLC now owns 739,480 shares of the company’s stock valued at $10,218,000 after purchasing an additional 53,900 shares during the last quarter.

KraneShares SSE Star Market 50 Index ETF Company Profile

The KraneShares SSE STAR Market 50 Index ETF (KSTR) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of the top 50 companies by market-cap that are listed on the Shanghai Stock Exchange (SSE) Science and Technology Innovation Board. KSTR was launched on Jan 27, 2021 and is managed by KraneShares.