KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) Short Interest Update

KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 354,674 shares, a growth of 278.3% from the June 15th total of 93,757 shares. Based on an average trading volume of 225,692 shares, the days-to-cover ratio is presently 1.6 days. Currently, 3.2% of the company’s shares are short sold.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Stock Up 0.4%

NYSEARCA KMLM traded up $0.12 on Tuesday, hitting $28.81. The company’s stock had a trading volume of 124,725 shares, compared to its average volume of 218,099. KraneShares Mount Lucas Managed Futures Index Strategy ETF has a 1-year low of $25.77 and a 1-year high of $30.17. The company’s 50-day moving average is $28.49 and its 200 day moving average is $27.69. The firm has a market cap of $326.99 million, a PE ratio of 9.85 and a beta of -0.36.

Institutional Trading of KraneShares Mount Lucas Managed Futures Index Strategy ETF

Institutional investors have recently modified their holdings of the business. Fermata Advisors LLC increased its holdings in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 5.1% in the second quarter. Fermata Advisors LLC now owns 30,837 shares of the company’s stock valued at $849,000 after purchasing an additional 1,495 shares during the period. Royal Bank of Canada lifted its holdings in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 119.8% during the 1st quarter. Royal Bank of Canada now owns 38,579 shares of the company’s stock worth $1,088,000 after buying an additional 21,025 shares during the period. Manning & Napier Advisors LLC lifted its holdings in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 107.1% during the 1st quarter. Manning & Napier Advisors LLC now owns 159,971 shares of the company’s stock worth $4,524,000 after buying an additional 82,745 shares during the period. Ascentis Independent Advisors bought a new stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF in the 1st quarter valued at about $976,000. Finally, Latitude Advisors LLC lifted its position in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 0.7% in the 1st quarter. Latitude Advisors LLC now owns 79,276 shares of the company’s stock worth $2,236,000 after purchasing an additional 529 shares during the period.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Company Profile

The KFA Mount Lucas Index Strategy ETF (KMLM) is an exchange-traded fund that is based on the KFA MLM index. The fund aims to track an index of long and short managed futures, based on a trend following methodology. The fund allocates to commodity, currency and global fixed income futures based on relative historical volatility. KMLM was launched on Dec 2, 2020 and is managed by KraneShares.