KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) Short Interest Up 1,039.3% in May

KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 5,047 shares, an increase of 1,039.3% from the May 14th total of 443 shares. Currently, 0.8% of the shares of the company are short sold. Based on an average daily trading volume, of 6,493 shares, the short-interest ratio is currently 0.8 days.

KraneShares Asia Pacific High Income Bond ETF Trading Up 0.2%

NYSEARCA KHYB traded up $0.05 on Tuesday, hitting $24.11. 3,409 shares of the company traded hands, compared to its average volume of 3,520. The business’s 50 day moving average price is $24.13 and its 200-day moving average price is $24.37. The company has a market capitalization of $14.47 million, a price-to-earnings ratio of 10.02 and a beta of 0.19. KraneShares Asia Pacific High Income Bond ETF has a 52-week low of $23.51 and a 52-week high of $24.88.

Institutional Investors Weigh In On KraneShares Asia Pacific High Income Bond ETF

Several large investors have recently added to or reduced their stakes in the stock. Stance Capital LLC purchased a new position in shares of KraneShares Asia Pacific High Income Bond ETF during the third quarter valued at approximately $72,000. Colonial Trust Advisors purchased a new stake in KraneShares Asia Pacific High Income Bond ETF during the third quarter worth $73,000. Ascentis Independent Advisors purchased a new stake in KraneShares Asia Pacific High Income Bond ETF during the first quarter worth $187,000. Koshinski Asset Management Inc. acquired a new position in shares of KraneShares Asia Pacific High Income Bond ETF during the third quarter worth $203,000. Finally, Goldman Sachs Group Inc. acquired a new position in shares of KraneShares Asia Pacific High Income Bond ETF during the first quarter worth $530,000.

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.