KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) Sees Significant Decrease in Short Interest

KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 47 shares, a decrease of 93.5% from the April 30th total of 727 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 242 shares, the days-to-cover ratio is currently 0.2 days.

KraneShares Man Buyout Beta Index ETF Stock Down 0.7%

Shares of BUYO traded down $0.22 during trading hours on Wednesday, hitting $31.34. The company had a trading volume of 7,120 shares, compared to its average volume of 1,022. The firm has a market cap of $15.67 million, a price-to-earnings ratio of 18.59 and a beta of 1.17. The business has a fifty day moving average of $29.38 and a 200-day moving average of $28.66. KraneShares Man Buyout Beta Index ETF has a 12 month low of $23.79 and a 12 month high of $31.56.

Hedge Funds Weigh In On KraneShares Man Buyout Beta Index ETF

An institutional investor recently bought a new position in KraneShares Man Buyout Beta Index ETF stock. Ascentis Independent Advisors bought a new stake in KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm bought 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 SEC filing.

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.