KraneShares Value Line Dynamic Dividend Equity Index ETF (NYSEARCA:KVLE) Short Interest Update

KraneShares Value Line Dynamic Dividend Equity Index ETF (NYSEARCA:KVLE) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 8,732 shares, a decrease of 15.0% from the February 26th total of 10,277 shares. Based on an average daily volume of 3,879 shares, the days-to-cover ratio is presently 2.3 days. Currently, 0.9% of the shares of the stock are sold short.

Institutional Trading of KraneShares Value Line Dynamic Dividend Equity Index ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Golden State Equity Partners purchased a new stake in shares of KraneShares Value Line Dynamic Dividend Equity Index ETF in the 4th quarter valued at about $941,000. Proactive Wealth Strategies LLC grew its holdings in shares of KraneShares Value Line Dynamic Dividend Equity Index ETF by 50.0% during the fourth quarter. Proactive Wealth Strategies LLC now owns 30,705 shares of the company’s stock worth $786,000 after purchasing an additional 10,235 shares in the last quarter. Kestra Advisory Services LLC bought a new position in shares of KraneShares Value Line Dynamic Dividend Equity Index ETF in the fourth quarter worth approximately $57,000. Finally, Raymond James Financial Inc. bought a new position in shares of KraneShares Value Line Dynamic Dividend Equity Index ETF in the second quarter worth approximately $30,000.

KraneShares Value Line Dynamic Dividend Equity Index ETF Price Performance

KVLE opened at $24.34 on Tuesday. The company has a fifty day moving average price of $26.12 and a 200-day moving average price of $26.70. The firm has a market capitalization of $24.34 million, a P/E ratio of 16.25 and a beta of 0.83. KraneShares Value Line Dynamic Dividend Equity Index ETF has a one year low of $21.85 and a one year high of $27.87.

KraneShares Value Line Dynamic Dividend Equity Index ETF Company Profile

The KFA Value Line Dynamic Core Equity Index ETF (KVLE) is an exchange-traded fund that is based on the 3D\u002FL Value Line Dynamic Core Equity index. The fund tracks a multi-factor-weighted index of US large-cap stocks with high dividend yields and rated highly on a safety and timeliness ranking system. KVLE was launched on Nov 24, 2020 and is managed by KraneShares.