KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) Short Interest Update

KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 285,639 shares, an increase of 72.9% from the April 15th total of 165,229 shares. Based on an average trading volume of 45,459 shares, the short-interest ratio is currently 6.3 days. Approximately 5.0% of the company’s stock are sold short.

KraneShares Bosera MSCI China A 50 Connect Index ETF Trading Down 0.6%

NYSEARCA:KBA opened at $33.27 on Wednesday. KraneShares Bosera MSCI China A 50 Connect Index ETF has a 12 month low of $23.44 and a 12 month high of $35.31. The company has a market cap of $189.64 million, a PE ratio of 13.75 and a beta of 0.16. The company has a 50 day simple moving average of $31.77 and a two-hundred day simple moving average of $31.04.

Institutional Investors Weigh In On KraneShares Bosera MSCI China A 50 Connect Index ETF

A number of large investors have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. grew its position in KraneShares Bosera MSCI China A 50 Connect Index ETF by 10.5% in the 2nd quarter. Osaic Holdings Inc. now owns 4,132 shares of the company’s stock worth $100,000 after purchasing an additional 394 shares during the period. IFP Advisors Inc grew its position in KraneShares Bosera MSCI China A 50 Connect Index ETF by 446.6% in the 3rd quarter. IFP Advisors Inc now owns 1,208 shares of the company’s stock worth $36,000 after purchasing an additional 987 shares during the period. Raymond James Financial Inc. grew its position in KraneShares Bosera MSCI China A 50 Connect Index ETF by 22.6% in the 3rd quarter. Raymond James Financial Inc. now owns 11,412 shares of the company’s stock worth $343,000 after purchasing an additional 2,105 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in KraneShares Bosera MSCI China A 50 Connect Index ETF by 783.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,818 shares of the company’s stock worth $118,000 after purchasing an additional 3,386 shares during the period. Finally, Fifth Third Bancorp bought a new stake in KraneShares Bosera MSCI China A 50 Connect Index ETF in the 1st quarter worth approximately $132,000.

About KraneShares Bosera MSCI China A 50 Connect Index ETF

The KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA) is an exchange-traded fund that is based on the MSCI China A 50 Connect index. The fund tracks a subset of market cap-weighted large- and mid-cap Chinese equities listed in Shanghai and Shenzhen. KBA was launched on Mar 5, 2014 and is managed by KraneShares.