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

KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 1,267 shares, a decline of 48.8% from the December 31st total of 2,474 shares. Based on an average daily trading volume, of 3,317 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 3,317 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of KraneShares Asia Pacific High Income Bond ETF

Several large investors have recently made changes to their positions in the company. Simplicity Wealth LLC purchased a new position in shares of KraneShares Asia Pacific High Income Bond ETF in the 3rd quarter worth about $1,382,000. Goldman Sachs Group Inc. bought a new stake in shares of KraneShares Asia Pacific High Income Bond ETF during the first quarter valued at about $530,000. Jane Street Group LLC lifted its stake in KraneShares Asia Pacific High Income Bond ETF by 47.9% in the 1st 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 in the last quarter. Koshinski Asset Management Inc. purchased a new stake in shares of KraneShares Asia Pacific High Income Bond ETF in the third quarter worth $203,000. Finally, Colonial Trust Advisors purchased a new stake in shares of KraneShares Asia Pacific High Income Bond ETF in the 3rd quarter valued at about $73,000.

KraneShares Asia Pacific High Income Bond ETF Trading Up 0.2%

NYSEARCA:KHYB traded up $0.05 on Friday, hitting $24.75. The company’s stock had a trading volume of 9,008 shares, compared to its average volume of 4,005. KraneShares Asia Pacific High Income Bond ETF has a one year low of $22.92 and a one year high of $24.85. The stock has a fifty day moving average of $24.53 and a two-hundred day moving average of $24.44. The firm has a market capitalization of $17.33 million, a P/E ratio of 10.02 and a beta of 0.16.

KraneShares Asia Pacific High Income Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, January 30th. Stockholders of record on Thursday, January 29th will be issued a dividend of $0.1863 per share. The ex-dividend date of this dividend is Thursday, January 29th. This represents a c) annualized dividend and a dividend yield of 9.0%.

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.