KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) Sees Significant Decline in Short Interest

KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) was the target of a significant decline in short interest in October. As of October 30th, there was short interest totaling 7 shares, a decline of 87.9% from the October 15th total of 58 shares. Based on an average trading volume of 628 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

KraneShares MSCI One Belt One Road Index ETF Trading Down 0.3%

OBOR traded down $0.09 during midday trading on Friday, reaching $26.10. The company’s stock had a trading volume of 16 shares, compared to its average volume of 2,449. The firm has a market capitalization of $3.92 million, a price-to-earnings ratio of 12.33 and a beta of 0.46. KraneShares MSCI One Belt One Road Index ETF has a 1 year low of $24.95 and a 1 year high of $30.07. The stock’s 50-day moving average is $27.07 and its 200-day moving average is $27.47.

KraneShares MSCI One Belt One Road Index ETF Company Profile

The KraneShares MSCI One Belt One Road Index ETF (OBOR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-selected, tier-weighted index of companies likely to benefit from China’s One Belt, One Road initiative. OBOR was launched on Sep 7, 2017 and is managed by KraneShares.