KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) Short Interest Update

KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 163,383 shares, an increase of 114.1% from the December 31st total of 76,308 shares. Based on an average daily trading volume, of 96,035 shares, the short-interest ratio is currently 1.7 days. Approximately 2.4% of the company’s stock are sold short. Approximately 2.4% of the company’s stock are sold short. Based on an average daily trading volume, of 96,035 shares, the short-interest ratio is currently 1.7 days.

KraneShares Bosera MSCI China A 50 Connect Index ETF Trading Down 1.3%

Shares of KBA opened at $30.80 on Friday. KraneShares Bosera MSCI China A 50 Connect Index ETF has a twelve month low of $20.70 and a twelve month high of $31.94. The stock’s 50 day moving average is $30.83 and its two-hundred day moving average is $29.34. The firm has a market capitalization of $209.44 million, a PE ratio of 13.75 and a beta of 0.10.

KraneShares Bosera MSCI China A 50 Connect Index ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 22nd were paid a $0.4832 dividend. The ex-dividend date was Monday, December 22nd. This represents a dividend yield of 158.0%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Future Financial Wealth Managment LLC acquired a new stake in KraneShares Bosera MSCI China A 50 Connect Index ETF in the third quarter valued at $30,000. IFP Advisors Inc increased its holdings in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 446.6% in the 3rd quarter. IFP Advisors Inc now owns 1,208 shares of the company’s stock valued at $36,000 after purchasing an additional 987 shares in the last quarter. Osaic Holdings Inc. lifted its stake in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 10.5% in the second quarter. Osaic Holdings Inc. now owns 4,132 shares of the company’s stock valued at $100,000 after purchasing an additional 394 shares during the period. Laurel Wealth Advisors LLC boosted its holdings in KraneShares Bosera MSCI China A 50 Connect Index ETF by 2,328.0% during the second quarter. Laurel Wealth Advisors LLC now owns 9,712 shares of the company’s stock worth $236,000 after buying an additional 9,312 shares in the last quarter. Finally, Mutual Advisors LLC acquired a new position in KraneShares Bosera MSCI China A 50 Connect Index ETF during the third quarter worth about $259,000.

About KraneShares Bosera MSCI China A 50 Connect Index ETF

The KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA) is an exchange-traded fund that is based on the MSCI China A 50 Connect index. The fund tracks a subset of market cap-weighted large- and mid-cap Chinese equities listed in Shanghai and Shenzhen. KBA was launched on Mar 5, 2014 and is managed by KraneShares.