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) saw a large decline in short interest in January. As of January 15th, there was short interest totaling 1,267 shares, a decline of 48.8% from the December 31st total of 2,474 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 3,317 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 3,317 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company’s shares are short sold.

KraneShares Asia Pacific High Income Bond ETF Trading Up 0.0%

KHYB opened at $24.84 on Thursday. The company has a fifty day moving average price of $24.52 and a two-hundred day moving average price of $24.44. The company has a market cap of $17.39 million, a P/E ratio of 10.02 and a beta of 0.16. KraneShares Asia Pacific High Income Bond ETF has a 1-year low of $22.92 and a 1-year high of $24.85.

Hedge Funds Weigh In On KraneShares Asia Pacific High Income Bond ETF

Several large investors have recently bought and sold shares of the stock. Harbor Asset Planning Inc. bought a new position in shares of KraneShares Asia Pacific High Income Bond ETF during the 2nd quarter worth approximately $30,000. Stance Capital LLC purchased a new position in KraneShares Asia Pacific High Income Bond ETF in the third quarter valued at approximately $72,000. Colonial Trust Advisors bought a new position in KraneShares Asia Pacific High Income Bond ETF during the third quarter valued at $73,000. Koshinski Asset Management Inc. purchased a new stake in KraneShares Asia Pacific High Income Bond ETF during the third quarter valued at about $203,000. Finally, Goldman Sachs Group Inc. bought a new stake in shares of KraneShares Asia Pacific High Income Bond ETF during the first quarter valued at about $530,000.

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.