KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) Shares Shorted: Short Interest Down 54.8% in October

KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 3,386 shares, a decrease of 54.8% from the September 30th total of 7,485 shares. Based on an average daily volume of 3,823 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.7% of the shares of the stock are sold short.

KraneShares Man Buyout Beta Index ETF Stock Down 1.8%

Shares of KraneShares Man Buyout Beta Index ETF stock traded down $0.62 during trading on Friday, reaching $32.99. The company’s stock had a trading volume of 1,043 shares, compared to its average volume of 1,067. The firm’s 50-day moving average is $32.74 and its two-hundred day moving average is $31.14. KraneShares Man Buyout Beta Index ETF has a 52-week low of $25.72 and a 52-week high of $34.53. The company has a market cap of $16.50 million, a price-to-earnings ratio of 18.59 and a beta of 1.12.

Institutional Trading of KraneShares Man Buyout Beta Index ETF

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

KraneShares Man Buyout Beta Index ETF Company Profile

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.