KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) Sees Significant Increase in Short Interest

KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 7,323 shares, an increase of 140.4% from the September 15th total of 3,046 shares. Approximately 1.1% of the shares of the company are short sold. Based on an average daily volume of 2,260 shares, the short-interest ratio is currently 3.2 days.

Institutional Trading of KraneShares Asia Pacific High Income Bond ETF

An institutional investor recently bought a new stake in KraneShares Asia Pacific High Income Bond ETF stock. Ascentis Independent Advisors acquired a new stake in KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 7,887 shares of the company’s stock, valued at approximately $187,000. Ascentis Independent Advisors owned 1.13% of KraneShares Asia Pacific High Income Bond ETF as of its most recent filing with the Securities and Exchange Commission.

KraneShares Asia Pacific High Income Bond ETF Stock Down 0.5%

Shares of NYSEARCA KHYB opened at $23.58 on Thursday. The firm’s 50-day simple moving average is $23.98 and its 200 day simple moving average is $24.07. The stock has a market cap of $15.33 million, a P/E ratio of 10.02 and a beta of 0.18. KraneShares Asia Pacific High Income Bond ETF has a fifty-two week low of $23.51 and a fifty-two week high of $24.88.

KraneShares Asia Pacific High Income Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were paid a $0.1908 dividend. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $2.29 dividend on an annualized basis and a yield of 9.7%. This is a negative change from KraneShares Asia Pacific High Income Bond ETF’s previous monthly dividend of $0.1938.

KraneShares Asia Pacific High Income Bond ETF Company Profile

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.