KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) Shares Down 0.3% – Here’s What Happened

Shares of KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) dropped 0.3% during trading on Thursday . The stock traded as low as $28.54 and last traded at $28.55. Approximately 6,809 shares changed hands during mid-day trading, an increase of 20% from the average daily volume of 5,688 shares. The stock had previously closed at $28.64.

KraneShares MSCI One Belt One Road Index ETF Stock Down 0.3%

The stock’s 50 day moving average price is $28.47 and its two-hundred day moving average price is $26.58. The stock has a market cap of $2.86 million, a price-to-earnings ratio of 11.41 and a beta of 0.52.

KraneShares MSCI One Belt One Road Index ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 22nd were given a dividend of $0.5146 per share. This represents a yield of 194.0%. The ex-dividend date of this dividend was Monday, December 22nd.

KraneShares MSCI One Belt One Road Index ETF Company Profile

The KraneShares MSCI One Belt One Road Index ETF (OBOR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-selected, tier-weighted index of companies likely to benefit from China’s One Belt, One Road initiative. OBOR was launched on Sep 7, 2017 and is managed by KraneShares.