KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) Short Interest Up 131.4% in January

KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 46,847 shares, an increase of 131.4% from the December 31st total of 20,241 shares. Approximately 2.9% of the shares of the stock are short sold. Based on an average trading volume of 26,418 shares, the short-interest ratio is presently 1.8 days. Based on an average trading volume of 26,418 shares, the short-interest ratio is presently 1.8 days. Approximately 2.9% of the shares of the stock are short sold.

KraneShares Emerging Markets Consumer Technology ETF Price Performance

Shares of NYSEARCA KEMQ traded down $0.60 on Friday, hitting $26.96. The company’s stock had a trading volume of 12,090 shares, compared to its average volume of 47,594. The stock has a 50 day moving average of $25.91 and a 200-day moving average of $25.30. The company has a market capitalization of $43.14 million, a price-to-earnings ratio of 18.05 and a beta of 0.83. KraneShares Emerging Markets Consumer Technology ETF has a 12-month low of $15.95 and a 12-month high of $28.47.

KraneShares Emerging Markets Consumer Technology ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 22nd were issued a dividend of $1.2982 per share. This represents a yield of 529.0%. The ex-dividend date was Monday, December 22nd.

Institutional Trading of KraneShares Emerging Markets Consumer Technology ETF

A hedge fund recently raised its stake in KraneShares Emerging Markets Consumer Technology ETF stock. Raymond James Financial Inc. lifted its stake in shares of KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) by 1,863.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 41,798 shares of the company’s stock after acquiring an additional 39,669 shares during the period. Raymond James Financial Inc. owned 2.46% of KraneShares Emerging Markets Consumer Technology ETF worth $1,102,000 as of its most recent SEC filing.

KraneShares Emerging Markets Consumer Technology ETF Company Profile

The KraneShares Emerging Markets Consumer Technology Index ETF (KEMQ) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a committee-selected, tier-weighted index of 50 emerging market technology companies. KEMQ was launched on Oct 11, 2017 and is managed by KraneShares.