KraneShares 2x Long JD Daily ETF (NASDAQ:KJD) Shares Shorted: Short Interest Up 103.2% in October

KraneShares 2x Long JD Daily ETF (NASDAQ:KJD – Get Free Report) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 2,739 shares, an increase of 103.2% from the September 30th total of 1,348 shares. Approximately 3.4% of the shares of the stock are short sold. Based on an average trading volume of 4,876 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in KraneShares 2x Long JD Daily ETF stock. DGS Capital Management LLC bought a new stake in KraneShares 2x Long JD Daily ETF (NASDAQ:KJD – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 11,555 shares of the company’s stock, valued at approximately $216,000. DGS Capital Management LLC owned about 11.55% of KraneShares 2x Long JD Daily ETF as of its most recent filing with the Securities and Exchange Commission.

KraneShares 2x Long JD Daily ETF Price Performance

KJD stock traded up $7.38 during midday trading on Friday, hitting $14.76. The stock’s fifty day moving average price is $15.20 and its 200 day moving average price is $17.70. KraneShares 2x Long JD Daily ETF has a twelve month low of $13.18 and a twelve month high of $28.34.

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