KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) Short Interest Update

KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) was the target of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 60,364 shares, an increase of 28.9% from the January 15th total of 46,847 shares. Based on an average trading volume of 68,850 shares, the days-to-cover ratio is presently 0.9 days. Currently, 3.6% of the shares of the stock are short sold. Currently, 3.6% of the shares of the stock are short sold. Based on an average trading volume of 68,850 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Jane Street Group LLC raised its position in KraneShares Emerging Markets Consumer Technology ETF by 100.0% during the fourth quarter. Jane Street Group LLC now owns 43,117 shares of the company’s stock valued at $1,063,000 after purchasing an additional 21,556 shares during the period. LPL Financial LLC boosted its holdings in shares of KraneShares Emerging Markets Consumer Technology ETF by 356.5% in the 4th quarter. LPL Financial LLC now owns 584,373 shares of the company’s stock worth $14,405,000 after purchasing an additional 456,361 shares during the period. Raymond James Financial Inc. increased its position in shares of KraneShares Emerging Markets Consumer Technology ETF by 1,863.3% during the 3rd quarter. Raymond James Financial Inc. now owns 41,798 shares of the company’s stock valued at $1,102,000 after purchasing an additional 39,669 shares during the last quarter. Finally, Tradition Wealth Management LLC raised its holdings in KraneShares Emerging Markets Consumer Technology ETF by 89.2% during the 4th quarter. Tradition Wealth Management LLC now owns 16,903 shares of the company’s stock valued at $417,000 after buying an additional 7,970 shares during the period.

KraneShares Emerging Markets Consumer Technology ETF Stock Performance

KEMQ stock opened at $25.41 on Wednesday. The firm has a fifty day moving average price of $25.91 and a 200 day moving average price of $25.57. KraneShares Emerging Markets Consumer Technology ETF has a fifty-two week low of $15.95 and a fifty-two week high of $28.47. The firm has a market cap of $43.20 million, a PE ratio of 18.05 and a beta of 0.83.

KraneShares Emerging Markets Consumer Technology ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 22nd were issued a $1.2982 dividend. The ex-dividend date was Monday, December 22nd. This represents a dividend yield of 529.0%.

About KraneShares Emerging Markets Consumer Technology ETF

The KraneShares Emerging Markets Consumer Technology Index ETF (KEMQ) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a committee-selected, tier-weighted index of 50 emerging market technology companies. KEMQ was launched on Oct 11, 2017 and is managed by KraneShares.