KraneShares MSCI Emerging Markets ex China Index ETF (NYSEARCA:KEMX) Short Interest Update

KraneShares MSCI Emerging Markets ex China Index ETF (NYSEARCA:KEMX) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 934 shares, a decrease of 77.2% from the May 31st total of 4,102 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 18,063 shares, the short-interest ratio is currently 0.1 days.

KraneShares MSCI Emerging Markets ex China Index ETF Price Performance

Shares of NYSEARCA:KEMX opened at $51.45 on Friday. The business has a 50-day moving average of $49.49 and a two-hundred day moving average of $43.77. KraneShares MSCI Emerging Markets ex China Index ETF has a fifty-two week low of $31.87 and a fifty-two week high of $54.90. The stock has a market capitalization of $133.77 million, a P/E ratio of 14.81 and a beta of 0.88.

Institutional Investors Weigh In On KraneShares MSCI Emerging Markets ex China Index ETF

A number of institutional investors have recently modified their holdings of KEMX. PNC Financial Services Group Inc. acquired a new stake in KraneShares MSCI Emerging Markets ex China Index ETF during the first quarter worth about $47,000. IFP Advisors Inc boosted its position in shares of KraneShares MSCI Emerging Markets ex China Index ETF by 31.7% during the 3rd quarter. IFP Advisors Inc now owns 1,840 shares of the company’s stock worth $64,000 after acquiring an additional 443 shares in the last quarter. Susquehanna International Group LLP bought a new position in KraneShares MSCI Emerging Markets ex China Index ETF in the third quarter valued at approximately $248,000. SFG Wealth Management LLC. acquired a new position in KraneShares MSCI Emerging Markets ex China Index ETF during the third quarter valued at approximately $377,000. Finally, Janney Montgomery Scott LLC raised its position in KraneShares MSCI Emerging Markets ex China Index ETF by 3.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 10,853 shares of the company’s stock valued at $402,000 after purchasing an additional 375 shares in the last quarter.

About KraneShares MSCI Emerging Markets ex China Index ETF

The KraneShares MSCI Emerging Markets ex China Index ETF (KEMX) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund tracks the investment results of an index focused on large-cap and mid-cap companies within emerging market countries, excluding China. KEMX was launched on Apr 12, 2019 and is managed by KraneShares.