KraneShares 2x Long BABA Daily ETF (NASDAQ:KBAB) Short Interest Update

KraneShares 2x Long BABA Daily ETF (NASDAQ:KBAB) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 3,800 shares, a decrease of 71.4% from the August 31st total of 13,284 shares. Based on an average trading volume of 15,393 shares, the short-interest ratio is presently 0.2 days. Currently, 0.9% of the shares of the stock are short sold.

KraneShares 2x Long BABA Daily ETF Stock Down 1.5%

NASDAQ KBAB opened at $6.63 on Friday. The company has a market cap of $2.65 million, a price-to-earnings ratio of 14.81 and a beta of 2.59. KraneShares 2x Long BABA Daily ETF has a twelve month low of $4.95 and a twelve month high of $41.12. The business’s fifty day moving average is $7.83 and its 200 day moving average is $8.76.

KraneShares 2x Long BABA Daily ETF Company Profile

KraneShares Trust – KraneShares 2x Long BABA 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 diversified sectors. 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. KraneShares Trust – KraneShares 2x Long BABA Daily ETF is domiciled in the United States.