Short Interest in KraneShares Global Humanoid and Embodied Intelligence Index ETF (NASDAQ:KOID) Declines By 61.5%

KraneShares Global Humanoid and Embodied Intelligence Index ETF (NASDAQ:KOID) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 106,228 shares, a drop of 61.5% from the May 31st total of 276,048 shares. Approximately 2.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 186,992 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On KraneShares Global Humanoid and Embodied Intelligence Index ETF

A number of institutional investors have recently made changes to their positions in KOID. Kickstand Ventures LLC. bought a new position in shares of KraneShares Global Humanoid and Embodied Intelligence Index ETF during the 3rd quarter valued at $4,579,000. ORG Partners LLC bought a new stake in KraneShares Global Humanoid and Embodied Intelligence Index ETF in the fourth quarter worth $30,000. Prime Capital Investment Advisors LLC boosted its position in KraneShares Global Humanoid and Embodied Intelligence Index ETF by 67.6% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 62,770 shares of the company’s stock valued at $1,999,000 after buying an additional 25,310 shares during the period. Finally, Ascentis Independent Advisors purchased a new stake in KraneShares Global Humanoid and Embodied Intelligence Index ETF during the first quarter valued at about $150,000.

KraneShares Global Humanoid and Embodied Intelligence Index ETF Stock Down 3.8%

Shares of KOID opened at $38.84 on Friday. KraneShares Global Humanoid and Embodied Intelligence Index ETF has a 1 year low of $25.30 and a 1 year high of $43.32. The stock has a 50 day simple moving average of $39.87 and a two-hundred day simple moving average of $35.55.

About KraneShares Global Humanoid and Embodied Intelligence Index ETF

KraneShares Trust – KraneShares Asia Robotics and Artificial Intelligence Index ETF is an exchange traded fund launched and managed by Krane Funds Advisors, LLC. The fund invests in public equity markets of Asia/Pacific region. The fund invests in stocks of companies operating across robotics and artificial intelligence sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Solactive Asia Robotics & Artificial Intelligence Index, by using representative sampling technique.