KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) Short Interest Down 98.7% in June

KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 88 shares, a decrease of 98.7% from the May 31st total of 7,027 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 858 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On KraneShares Man Buyout Beta Index ETF

An institutional investor recently bought a new stake in KraneShares Man Buyout Beta Index ETF stock. Ascentis Independent Advisors bought a new position in KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) during the first quarter, according to the company in its most recent filing with the SEC. The firm bought 20,504 shares of the company’s stock, valued at approximately $567,000. Ascentis Independent Advisors owned 4.10% of KraneShares Man Buyout Beta Index ETF as of its most recent SEC filing.

KraneShares Man Buyout Beta Index ETF Price Performance

NYSEARCA BUYO traded up $0.27 on Friday, reaching $33.00. 22 shares of the company’s stock traded hands, compared to its average volume of 1,002. KraneShares Man Buyout Beta Index ETF has a 12 month low of $24.67 and a 12 month high of $33.00. The stock has a 50-day simple moving average of $31.21 and a 200 day simple moving average of $29.46. The stock has a market cap of $16.50 million, a PE ratio of 18.59 and a beta of 1.16.

KraneShares Man Buyout Beta Index ETF Company Profile

The KraneShares Man Buyout Beta Index ETF (BUYO) is an exchange-traded fund that is based on the Man Buyout Beta index, a market-cap-weighted index designed to deliver private-equity-like performance through investments in small- and mid-cap US stocks BUYO was launched on Oct 8, 2024 and is issued by KraneShares.