KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) Short Interest Down 46.2% in February

KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) saw a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 32,456 shares, a decline of 46.2% from the January 29th total of 60,364 shares. Based on an average trading volume of 27,472 shares, the short-interest ratio is presently 1.2 days. Approximately 1.9% of the shares of the company are short sold. Approximately 1.9% of the shares of the company are short sold. Based on an average trading volume of 27,472 shares, the short-interest ratio is presently 1.2 days.

Hedge Funds Weigh In On KraneShares Emerging Markets Consumer Technology ETF

Several institutional investors have recently modified their holdings of KEMQ. LPL Financial LLC lifted its position in KraneShares Emerging Markets Consumer Technology ETF by 356.5% in the 4th quarter. LPL Financial LLC now owns 584,373 shares of the company’s stock valued at $14,405,000 after purchasing an additional 456,361 shares during the last quarter. Jane Street Group LLC increased its stake in shares of KraneShares Emerging Markets Consumer Technology ETF by 100.0% in the fourth quarter. Jane Street Group LLC now owns 43,117 shares of the company’s stock valued at $1,063,000 after purchasing an additional 21,556 shares during the period. Raymond James Financial Inc. raised its holdings in shares of KraneShares Emerging Markets Consumer Technology ETF by 1,863.3% during the third quarter. Raymond James Financial Inc. now owns 41,798 shares of the company’s stock valued at $1,102,000 after buying an additional 39,669 shares during the last quarter. Finally, Tradition Wealth Management LLC boosted its position in shares of KraneShares Emerging Markets Consumer Technology ETF by 89.2% during the fourth quarter. Tradition Wealth Management LLC now owns 16,903 shares of the company’s stock worth $417,000 after buying an additional 7,970 shares during the period.

KraneShares Emerging Markets Consumer Technology ETF Trading Down 0.0%

Shares of KraneShares Emerging Markets Consumer Technology ETF stock opened at $25.36 on Monday. The stock has a market capitalization of $43.11 million, a price-to-earnings ratio of 18.05 and a beta of 0.83. KraneShares Emerging Markets Consumer Technology ETF has a twelve month low of $15.95 and a twelve month high of $28.47. The business’s 50 day simple moving average is $25.93 and its 200-day simple moving average is $25.73.

KraneShares Emerging Markets Consumer Technology ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 22nd were given a $1.2982 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a yield of 529.0%.

About KraneShares Emerging Markets Consumer Technology ETF

The KraneShares Emerging Markets Consumer Technology Index ETF (KEMQ) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a committee-selected, tier-weighted index of 50 emerging market technology companies. KEMQ was launched on Oct 11, 2017 and is managed by KraneShares.