KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) Short Interest Down 33.6% in August

KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 9,500 shares, a decrease of 33.6% from the August 15th total of 14,300 shares. Based on an average trading volume of 58,300 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 58,300 shares, the short-interest ratio is presently 0.2 days.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Stock Up 0.5%

NYSEARCA:KMLM opened at $26.95 on Monday. KraneShares Mount Lucas Managed Futures Index Strategy ETF has a 52 week low of $25.28 and a 52 week high of $30.16. The firm has a 50 day moving average of $26.68 and a 200 day moving average of $26.62. The stock has a market capitalization of $188.65 million, a price-to-earnings ratio of 9.85 and a beta of -0.35.

Institutional Investors Weigh In On KraneShares Mount Lucas Managed Futures Index Strategy ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Magnolia Private Wealth LLC lifted its position in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 477.5% during the first quarter. Magnolia Private Wealth LLC now owns 390,858 shares of the company’s stock valued at $10,663,000 after acquiring an additional 323,174 shares during the last quarter. Longview Financial Advisors Inc. lifted its position in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 2.5% during the first quarter. Longview Financial Advisors Inc. now owns 126,779 shares of the company’s stock valued at $3,459,000 after acquiring an additional 3,152 shares during the last quarter. PMV Capital Advisers LLC lifted its position in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 442.4% during the first quarter. PMV Capital Advisers LLC now owns 96,016 shares of the company’s stock valued at $2,619,000 after acquiring an additional 78,315 shares during the last quarter. Kitching Partners LLC lifted its position in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 8.1% during the second quarter. Kitching Partners LLC now owns 41,648 shares of the company’s stock valued at $1,098,000 after acquiring an additional 3,103 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF during the second quarter valued at approximately $3,713,000.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Company Profile

The KFA Mount Lucas Index Strategy ETF (KMLM) is an exchange-traded fund that is based on the KFA MLM index. The fund aims to track an index of long and short managed futures, based on a trend following methodology. The fund allocates to commodity, currency and global fixed income futures based on relative historical volatility.