KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) Short Interest Down 98.7% in June

KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 88 shares, a decline of 98.7% from the May 31st total of 7,027 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 858 shares, the short-interest ratio is currently 0.1 days.

KraneShares Man Buyout Beta Index ETF Price Performance

Shares of BUYO stock traded up $0.29 during mid-day trading on Thursday, hitting $32.73. The stock had a trading volume of 271 shares, compared to its average volume of 1,011. KraneShares Man Buyout Beta Index ETF has a 12-month low of $24.67 and a 12-month high of $32.89. The firm’s 50-day moving average is $31.13 and its two-hundred day moving average is $29.44. The firm has a market capitalization of $16.36 million, a P/E ratio of 18.59 and a beta of 1.16.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in KraneShares Man Buyout Beta Index ETF stock. Ascentis Independent Advisors purchased a new stake in KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 20,504 shares of the company’s stock, valued at approximately $567,000. Ascentis Independent Advisors owned approximately 4.10% of KraneShares Man Buyout Beta Index ETF as of its most recent filing with the SEC.

About KraneShares Man Buyout Beta Index ETF

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.