KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) Stock Short Interest Declines 87.9%

KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) saw a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 7 shares, a decrease of 87.9% from the October 15th total of 58 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 628 shares, the days-to-cover ratio is currently 0.0 days.

KraneShares MSCI One Belt One Road Index ETF Stock Performance

OBOR stock traded down $0.17 during midday trading on Thursday, reaching $26.19. The company’s stock had a trading volume of 16 shares, compared to its average volume of 2,449. The stock has a fifty day simple moving average of $27.12 and a two-hundred day simple moving average of $27.48. KraneShares MSCI One Belt One Road Index ETF has a 1 year low of $24.95 and a 1 year high of $30.07. The firm has a market capitalization of $3.93 million, a price-to-earnings ratio of 12.33 and a beta of 0.46.

KraneShares MSCI One Belt One Road Index ETF Company Profile

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.