KraneShares MSCI Emerging Markets ex China Index ETF (NYSEARCA:KEMX) Short Interest Update

KraneShares MSCI Emerging Markets ex China Index ETF (NYSEARCA:KEMX) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 934 shares, a decline of 77.2% from the May 31st total of 4,102 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 18,063 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of KraneShares MSCI Emerging Markets ex China Index ETF

Several institutional investors and hedge funds have recently bought and sold shares of KEMX. PNC Financial Services Group Inc. acquired a new stake in KraneShares MSCI Emerging Markets ex China Index ETF during the 1st quarter worth $47,000. IFP Advisors Inc increased its stake in KraneShares MSCI Emerging Markets ex China Index ETF by 31.7% in the third quarter. IFP Advisors Inc now owns 1,840 shares of the company’s stock valued at $64,000 after purchasing an additional 443 shares during the period. Susquehanna International Group LLP purchased a new stake in shares of KraneShares MSCI Emerging Markets ex China Index ETF in the third quarter valued at about $248,000. SFG Wealth Management LLC. purchased a new stake in shares of KraneShares MSCI Emerging Markets ex China Index ETF in the third quarter valued at about $377,000. Finally, Janney Montgomery Scott LLC boosted its stake in shares of KraneShares MSCI Emerging Markets ex China Index ETF by 3.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 10,853 shares of the company’s stock worth $402,000 after buying an additional 375 shares during the period.

KraneShares MSCI Emerging Markets ex China Index ETF Stock Performance

NYSEARCA KEMX traded down $0.52 on Friday, reaching $51.45. The stock had a trading volume of 14,413 shares, compared to its average volume of 25,193. The stock has a market cap of $133.77 million, a P/E ratio of 14.81 and a beta of 0.88. KraneShares MSCI Emerging Markets ex China Index ETF has a 12-month low of $31.87 and a 12-month high of $54.90. The business’s 50-day moving average price is $49.49 and its 200 day moving average price is $43.82.

KraneShares MSCI Emerging Markets ex China Index ETF Company Profile

The KraneShares MSCI Emerging Markets ex China Index ETF (KEMX) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund tracks the investment results of an index focused on large-cap and mid-cap companies within emerging market countries, excluding China. KEMX was launched on Apr 12, 2019 and is managed by KraneShares.