KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) Sees Significant Increase in Short Interest

KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 348 shares, an increase of 54.7% from the August 31st total of 225 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 596 shares, the days-to-cover ratio is currently 0.6 days.

KraneShares MSCI One Belt One Road Index ETF Stock Performance

Shares of OBOR stock opened at $27.09 on Friday. The stock’s fifty day moving average is $27.68 and its 200-day moving average is $27.35. The stock has a market capitalization of $4.06 million, a PE ratio of 11.41 and a beta of 0.45. KraneShares MSCI One Belt One Road Index ETF has a 52 week low of $24.95 and a 52 week high of $30.07.

About KraneShares MSCI One Belt One Road Index ETF

The KraneShares MSCI One Belt One Road Index ETF (OBOR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-selected, tier-weighted index of companies likely to benefit from China’s One Belt, One Road initiative. OBOR was launched on Sep 7, 2017 and is managed by KraneShares.