PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF) Short Interest Update

PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 18,171 shares, a decline of 47.6% from the April 15th total of 34,693 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 148,747 shares, the short-interest ratio is currently 0.1 days.

PLUS Korea Defense Industry Index ETF Stock Performance

Shares of NYSEARCA:KDEF traded up $0.19 during trading on Monday, reaching $53.08. The company had a trading volume of 208,732 shares, compared to its average volume of 151,488. The firm’s fifty day moving average is $58.86 and its 200 day moving average is $52.90. The firm has a market capitalization of $171.45 million, a PE ratio of 23.08 and a beta of 1.76. PLUS Korea Defense Industry Index ETF has a twelve month low of $31.51 and a twelve month high of $67.41.

Institutional Trading of PLUS Korea Defense Industry Index ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in KDEF. Jane Street Group LLC acquired a new stake in shares of PLUS Korea Defense Industry Index ETF during the first quarter valued at approximately $1,352,000. TD Waterhouse Canada Inc. acquired a new stake in shares of PLUS Korea Defense Industry Index ETF during the third quarter valued at approximately $331,000. Pekin Hardy Strauss Inc. raised its holdings in shares of PLUS Korea Defense Industry Index ETF by 37.5% during the third quarter. Pekin Hardy Strauss Inc. now owns 11,000 shares of the company’s stock valued at $546,000 after acquiring an additional 3,000 shares during the period. Militia Capital Partners LP acquired a new stake in shares of PLUS Korea Defense Industry Index ETF during the third quarter valued at approximately $240,000. Finally, Spectrum Strategic Capital Management LLC acquired a new stake in shares of PLUS Korea Defense Industry Index ETF during the fourth quarter valued at approximately $2,268,000.

About PLUS Korea Defense Industry Index ETF

The PLUS Korea Defense Industry Index ETF (KDEF) is an exchange-traded fund that is based on the Korea Defense Industry index. The fund is passively managed to track an index which provides concentrated exposure to Koreas leading defense companies. The fund uses an AI program to identify, score and select companies for industry relevance KDEF was launched on Feb 5, 2025 and is issued by PLUS.