KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) Sees Large Growth in Short Interest

KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 5,238 shares, a growth of 135.6% from the November 30th total of 2,223 shares. Based on an average daily volume of 4,647 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.5% of the shares of the company are sold short. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 4,647 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Investors Weigh In On KraneShares Asia Pacific High Income Bond ETF

A number of large investors have recently added to or reduced their stakes in the stock. Harbor Asset Planning Inc. bought a new position in KraneShares Asia Pacific High Income Bond ETF during the 2nd quarter worth $30,000. Stance Capital LLC acquired a new stake in shares of KraneShares Asia Pacific High Income Bond ETF during the 3rd quarter worth $72,000. Colonial Trust Advisors acquired a new stake in shares of KraneShares Asia Pacific High Income Bond ETF during the 3rd quarter worth $73,000. Koshinski Asset Management Inc. bought a new position in shares of KraneShares Asia Pacific High Income Bond ETF in the third quarter worth $203,000. Finally, Jane Street Group LLC increased its position in shares of KraneShares Asia Pacific High Income Bond ETF by 47.9% in the first quarter. Jane Street Group LLC now owns 47,267 shares of the company’s stock worth $1,139,000 after purchasing an additional 15,305 shares during the period.

KraneShares Asia Pacific High Income Bond ETF Trading Down 0.0%

NYSEARCA KHYB traded down $0.01 during trading on Friday, reaching $24.50. The company’s stock had a trading volume of 8,441 shares, compared to its average volume of 4,146. The firm has a 50 day moving average price of $24.43 and a 200 day moving average price of $24.31. KraneShares Asia Pacific High Income Bond ETF has a 12 month low of $22.92 and a 12 month high of $24.70. The firm has a market capitalization of $24.50 million, a price-to-earnings ratio of 10.02 and a beta of 0.16.

About KraneShares Asia Pacific High Income Bond ETF

The KraneShares Asia Pacific High Income Bond ETF (KHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to primarily high-yield bonds from the Asia-Pacific. KHYB was launched on Jun 26, 2018 and is managed by KraneShares.