KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) Short Interest Update

KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 6,781 shares, an increase of 3,450.3% from the May 14th total of 191 shares. Based on an average daily trading volume, of 6,258 shares, the short-interest ratio is presently 1.1 days. Approximately 0.4% of the shares of the company are short sold.

KraneShares Emerging Markets Consumer Technology ETF Stock Down 2.0%

Shares of NYSEARCA:KEMQ opened at $24.38 on Thursday. KraneShares Emerging Markets Consumer Technology ETF has a fifty-two week low of $21.10 and a fifty-two week high of $28.47. The firm has a 50-day simple moving average of $24.61 and a 200 day simple moving average of $25.00. The company has a market cap of $39.01 million, a PE ratio of 18.05 and a beta of 0.90.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. LPL Financial LLC grew its position in KraneShares Emerging Markets Consumer Technology ETF by 356.5% in 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 during the last quarter. Jane Street Group LLC grew its position in KraneShares Emerging Markets Consumer Technology ETF by 100.0% in the 4th quarter. Jane Street Group LLC now owns 43,117 shares of the company’s stock worth $1,063,000 after purchasing an additional 21,556 shares during the last quarter. Raymond James Financial Inc. grew its position in KraneShares Emerging Markets Consumer Technology ETF by 1,863.3% in the 3rd quarter. Raymond James Financial Inc. now owns 41,798 shares of the company’s stock worth $1,102,000 after purchasing an additional 39,669 shares during the last quarter. Finally, Tradition Wealth Management LLC grew its position in KraneShares Emerging Markets Consumer Technology ETF by 89.2% in the 4th quarter. Tradition Wealth Management LLC now owns 16,903 shares of the company’s stock worth $417,000 after purchasing an additional 7,970 shares during the last quarter.

KraneShares Emerging Markets Consumer Technology ETF Company Profile

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.