KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) Short Interest Update

KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 130,521 shares, a decrease of 63.2% from the June 30th total of 354,674 shares. Approximately 1.1% of the shares of the company are sold short. Based on an average daily volume of 188,556 shares, the days-to-cover ratio is currently 0.7 days.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Price Performance

Shares of KMLM stock opened at $29.62 on Monday. The company has a market capitalization of $382.10 million, a PE ratio of 9.85 and a beta of -0.36. KraneShares Mount Lucas Managed Futures Index Strategy ETF has a 12-month low of $25.77 and a 12-month high of $30.17. The firm has a 50 day moving average price of $28.44 and a two-hundred day moving average price of $27.90.

Institutional Investors Weigh In On KraneShares Mount Lucas Managed Futures Index Strategy ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Simplex Trading LLC bought a new stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF during the 4th quarter valued at $26,000. Advisory Services Network LLC acquired a new position in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF in the third quarter worth approximately $148,000. Signet Private Wealth LLC bought a new stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF during the fourth quarter valued at $258,000. Worth Asset Management LLC acquired a new stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF during the 1st quarter worth approximately $273,000. Finally, Signal Advisors Wealth LLC acquired a new position in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF during the first quarter valued at about $368,000.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Company Profile

The KFA Mount Lucas Index Strategy ETF (KMLM) is an exchange-traded fund that is based on the KFA MLM index. The fund aims to track an index of long and short managed futures, based on a trend following methodology. The fund allocates to commodity, currency and global fixed income futures based on relative historical volatility. KMLM was launched on Dec 2, 2020 and is managed by KraneShares.