KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) Stock Short Interest Climbs 540.5%

KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 9,767 shares, a growth of 540.5% from the August 31st total of 1,525 shares. Currently, 1.8% of the company’s stock are short sold. Based on an average daily trading volume, of 1,816 shares, the days-to-cover ratio is presently 5.4 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in KraneShares Man Buyout Beta Index ETF stock. Invested Advisors acquired a new stake in KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 10,147 shares of the company’s stock, valued at approximately $342,000. Invested Advisors owned approximately 2.03% of KraneShares Man Buyout Beta Index ETF at the end of the most recent quarter.

KraneShares Man Buyout Beta Index ETF Stock Performance

Shares of KraneShares Man Buyout Beta Index ETF stock opened at $32.23 on Friday. The business has a 50-day simple moving average of $33.11 and a 200-day simple moving average of $31.45. KraneShares Man Buyout Beta Index ETF has a one year low of $25.63 and a one year high of $34.53. The company has a market cap of $17.73 million, a PE ratio of 18.59 and a beta of 1.10.

KraneShares Man Buyout Beta Index ETF Company Profile

The KraneShares Man Buyout Beta Index ETF (BUYO) is an exchange-traded fund that is based on the Man Buyout Beta index, a market-cap-weighted index designed to deliver private-equity-like performance through investments in small- and mid-cap US stocks BUYO was launched on Oct 8, 2024 and is issued by KraneShares.