KraneShares 2x Long MELI Daily ETF (NASDAQ:KMLI) to Issue $0.02 Annual Dividend

KraneShares 2x Long MELI Daily ETF (NASDAQ:KMLI) announced an annual dividend on Monday, December 29th, NASDAQ Dividends reports. Investors of record on Tuesday, December 30th will be given a dividend of 0.0152 per share on Wednesday, December 31st. This represents a yield of 11.0%. The ex-dividend date of this dividend is Tuesday, December 30th.

KraneShares 2x Long MELI Daily ETF Price Performance

NASDAQ:KMLI traded up $0.04 during mid-day trading on Tuesday, reaching $13.91. The company’s stock had a trading volume of 8,866 shares, compared to its average volume of 20,503. The firm’s fifty day moving average price is $16.80 and its two-hundred day moving average price is $21.40. KraneShares 2x Long MELI Daily ETF has a 12-month low of $13.20 and a 12-month high of $29.70.

KraneShares 2x Long MELI Daily ETF Company Profile

KraneShares Trust – KraneShares 2x Long MELI Daily ETF is an exchange traded fund launched and managed by Krane Funds Advisors, LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across consumer discretionary sector and the consumer discretionary distribution and retail industry. The fund uses derivatives such as options and swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization.