KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) Short Interest Update

KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 727 shares, a decrease of 60.2% from the April 15th total of 1,826 shares. Based on an average daily trading volume, of 227 shares, the short-interest ratio is presently 3.2 days. Approximately 0.1% of the shares of the company are short sold.

KraneShares Man Buyout Beta Index ETF Price Performance

Shares of NYSEARCA BUYO traded down $0.63 during trading on Friday, reaching $30.14. 83 shares of the stock traded hands, compared to its average volume of 1,012. KraneShares Man Buyout Beta Index ETF has a 52-week low of $23.54 and a 52-week high of $31.36. The company has a 50-day moving average of $28.99 and a 200-day moving average of $28.46. The stock has a market capitalization of $15.07 million, a P/E ratio of 18.59 and a beta of 1.17.

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 shares of KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 20,504 shares of the company’s stock, valued at approximately $567,000. Ascentis Independent Advisors owned about 4.10% of KraneShares Man Buyout Beta Index ETF at the end of the most recent reporting period.

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.