KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) Short Interest Up 163.6% in June

KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 232 shares, a growth of 163.6% from the June 15th total of 88 shares. Based on an average daily trading volume, of 337 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in KraneShares Man Buyout Beta Index ETF stock. Ascentis Independent Advisors acquired a new stake in KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 20,504 shares of the company’s stock, valued at approximately $567,000. Ascentis Independent Advisors owned 4.10% of KraneShares Man Buyout Beta Index ETF as of its most recent filing with the Securities and Exchange Commission.

KraneShares Man Buyout Beta Index ETF Stock Down 1.0%

NYSEARCA:BUYO opened at $32.85 on Tuesday. KraneShares Man Buyout Beta Index ETF has a 52 week low of $24.67 and a 52 week high of $33.88. The stock’s fifty day moving average is $31.90 and its two-hundred day moving average is $29.88. The stock has a market capitalization of $16.43 million, a price-to-earnings ratio of 18.59 and a beta of 1.08.

About KraneShares Man Buyout Beta Index ETF

The KraneShares Man Buyout Beta Index ETF (BUYO) is an exchange-traded fund that is based on the Man Buyout Beta index, a market-cap-weighted index designed to deliver private-equity-like performance through investments in small- and mid-cap US stocks BUYO was launched on Oct 8, 2024 and is issued by KraneShares.