KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) Sees Significant Decrease in Short Interest

KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) was the recipient of a large decrease in short interest in January. As of January 30th, there was short interest totaling 213 shares, a decrease of 83.2% from the January 15th total of 1,267 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 4,783 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 4,783 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On KraneShares Asia Pacific High Income Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Harbor Asset Planning Inc. purchased a new stake in KraneShares Asia Pacific High Income Bond ETF in the 2nd quarter worth $30,000. Simplicity Wealth LLC purchased a new position in KraneShares Asia Pacific High Income Bond ETF in the 3rd quarter worth about $1,382,000. Jane Street Group LLC lifted its position in shares of KraneShares Asia Pacific High Income Bond ETF by 47.9% in the 1st quarter. Jane Street Group LLC now owns 47,267 shares of the company’s stock worth $1,139,000 after purchasing an additional 15,305 shares during the period. Goldman Sachs Group Inc. purchased a new position in shares of KraneShares Asia Pacific High Income Bond ETF in the 1st quarter worth approximately $530,000. Finally, Stance Capital LLC purchased a new stake in shares of KraneShares Asia Pacific High Income Bond ETF during the third quarter worth about $72,000.

KraneShares Asia Pacific High Income Bond ETF Trading Up 0.1%

Shares of NYSEARCA:KHYB traded up $0.02 on Tuesday, hitting $24.74. The company had a trading volume of 652 shares, compared to its average volume of 3,539. The stock has a 50 day moving average price of $24.59 and a 200 day moving average price of $24.48. The stock has a market cap of $17.32 million, a price-to-earnings ratio of 10.02 and a beta of 0.16. KraneShares Asia Pacific High Income Bond ETF has a 1-year low of $22.92 and a 1-year high of $24.85.

KraneShares Asia Pacific High Income Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were paid a dividend of $0.1863 per share. The ex-dividend date of this dividend was Thursday, January 29th. This represents a c) annualized dividend and a yield of 9.0%.

KraneShares Asia Pacific High Income Bond ETF Company Profile

The KraneShares Asia Pacific High Income Bond ETF (KHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to primarily high-yield bonds from the Asia-Pacific. KHYB was launched on Jun 26, 2018 and is managed by KraneShares.