Short Interest in KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) Drops By 48.8%

KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 1,267 shares, a decrease of 48.8% from the December 31st total of 2,474 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 3,317 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 3,317 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are sold short.

KraneShares Asia Pacific High Income Bond ETF Trading Up 0.0%

KraneShares Asia Pacific High Income Bond ETF stock opened at $24.84 on Thursday. The company has a market capitalization of $17.39 million, a price-to-earnings ratio of 10.02 and a beta of 0.16. KraneShares Asia Pacific High Income Bond ETF has a 12 month low of $22.92 and a 12 month high of $24.85. The stock’s 50 day moving average is $24.52 and its 200-day moving average is $24.44.

Institutional Investors Weigh In On KraneShares Asia Pacific High Income Bond ETF

Large investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. acquired a new position in KraneShares Asia Pacific High Income Bond ETF in the first quarter valued at about $530,000. Jane Street Group LLC increased its stake in KraneShares Asia Pacific High Income Bond ETF by 47.9% in the first quarter. Jane Street Group LLC now owns 47,267 shares of the company’s stock valued at $1,139,000 after acquiring an additional 15,305 shares during the last quarter. Harbor Asset Planning Inc. acquired a new position in KraneShares Asia Pacific High Income Bond ETF during the second quarter valued at approximately $30,000. Simplicity Wealth LLC acquired a new stake in shares of KraneShares Asia Pacific High Income Bond ETF in the 3rd quarter valued at $1,382,000. Finally, Koshinski Asset Management Inc. bought a new position in shares of KraneShares Asia Pacific High Income Bond ETF in the 3rd quarter valued at $203,000.

About KraneShares Asia Pacific High Income Bond ETF

The KraneShares Asia Pacific High Income Bond ETF (KHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to primarily high-yield bonds from the Asia-Pacific. KHYB was launched on Jun 26, 2018 and is managed by KraneShares.