Short Interest in KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) Expands By 74.7%

KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 456 shares, an increase of 74.7% from the May 31st total of 261 shares. Based on an average trading volume of 602 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.5% of the shares of the company are short sold.

KraneShares MSCI One Belt One Road Index ETF Price Performance

KraneShares MSCI One Belt One Road Index ETF stock opened at $25.81 on Thursday. The business has a 50-day simple moving average of $27.30 and a two-hundred day simple moving average of $27.72. The company has a market cap of $3.87 million, a P/E ratio of 11.41 and a beta of 0.44. KraneShares MSCI One Belt One Road Index ETF has a 52-week low of $23.93 and a 52-week high of $30.07.

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.