PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF) Short Interest Up 104.1% in July

PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 36,911 shares, an increase of 104.1% from the June 30th total of 18,088 shares. Currently, 1.4% of the company’s stock are short sold. Based on an average trading volume of 65,190 shares, the short-interest ratio is presently 0.6 days.

PLUS Korea Defense Industry Index ETF Trading Up 12.4%

KDEF stock traded up $4.15 during trading on Thursday, hitting $37.73. 65,249 shares of the company’s stock were exchanged, compared to its average volume of 137,224. PLUS Korea Defense Industry Index ETF has a 52-week low of $33.17 and a 52-week high of $67.41. The stock has a market capitalization of $99.61 million, a price-to-earnings ratio of 23.08 and a beta of 1.46. The business has a 50-day moving average price of $43.37 and a two-hundred day moving average price of $52.84.

Institutional Trading of PLUS Korea Defense Industry Index ETF

Several institutional investors and hedge funds have recently bought and sold shares of KDEF. Militia Capital Partners LP acquired a new position in PLUS Korea Defense Industry Index ETF in the third quarter valued at $240,000. TD Waterhouse Canada Inc. grew its holdings in shares of PLUS Korea Defense Industry Index ETF by 30.5% during the fourth quarter. TD Waterhouse Canada Inc. now owns 8,674 shares of the company’s stock worth $377,000 after buying an additional 2,028 shares during the last quarter. Pekin Hardy Strauss Inc. increased its position in PLUS Korea Defense Industry Index ETF by 9.1% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 12,000 shares of the company’s stock valued at $527,000 after acquiring an additional 1,000 shares during the period. OLD Mission Capital LLC acquired a new position in shares of PLUS Korea Defense Industry Index ETF in the fourth quarter valued at approximately $745,000. Finally, Helios Capital Management PTE. Ltd. acquired a new position in shares of PLUS Korea Defense Industry Index ETF in the first quarter valued at approximately $791,000.

PLUS Korea Defense Industry Index ETF Company Profile

The PLUS Korea Defense Industry Index ETF (KDEF) is an exchange-traded fund that is based on the Korea Defense Industry index. The fund is passively managed to track an index which provides concentrated exposure to Koreas leading defense companies. The fund uses an AI program to identify, score and select companies for industry relevance KDEF was launched on Feb 5, 2025 and is issued by PLUS.