KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) Short Interest Update

KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 5,047 shares, a growth of 1,039.3% from the May 14th total of 443 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily trading volume, of 6,493 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Investors Weigh In On KraneShares Asia Pacific High Income Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Ascentis Independent Advisors bought a new stake in shares of KraneShares Asia Pacific High Income Bond ETF during the 1st quarter worth $187,000. Simplicity Wealth LLC grew its stake in shares of KraneShares Asia Pacific High Income Bond ETF by 12.9% in the 4th quarter. Simplicity Wealth LLC now owns 63,747 shares of the company’s stock valued at $1,562,000 after buying an additional 7,295 shares in the last quarter. Stance Capital LLC acquired a new stake in KraneShares Asia Pacific High Income Bond ETF in the 3rd quarter worth approximately $72,000. Colonial Trust Advisors acquired a new stake in KraneShares Asia Pacific High Income Bond ETF in the 3rd quarter worth approximately $73,000. Finally, Koshinski Asset Management Inc. acquired a new stake in KraneShares Asia Pacific High Income Bond ETF in the 3rd quarter worth approximately $203,000.

KraneShares Asia Pacific High Income Bond ETF Stock Down 0.0%

KHYB stock traded down $0.01 during mid-day trading on Wednesday, reaching $24.10. The company had a trading volume of 1,843 shares, compared to its average volume of 3,505. The stock has a market capitalization of $14.46 million, a P/E ratio of 10.02 and a beta of 0.19. KraneShares Asia Pacific High Income Bond ETF has a one year low of $23.51 and a one year high of $24.88. The stock’s 50-day simple moving average is $24.13 and its two-hundred day simple moving average is $24.37.

About KraneShares Asia Pacific High Income Bond ETF

The KraneShares Asia Pacific High Income Bond ETF (KHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to primarily high-yield bonds from the Asia-Pacific. KHYB was launched on Jun 26, 2018 and is managed by KraneShares.