KraneShares 2x Long PDD Daily ETF (NASDAQ:KPDD) Stock Price Up 4.8% – Still a Buy?

Shares of KraneShares 2x Long PDD Daily ETF (NASDAQ:KPDDGet Free Report) were up 4.8% during mid-day trading on Tuesday . The stock traded as high as $7.85 and last traded at $7.67. Approximately 392,792 shares changed hands during mid-day trading, an increase of 181% from the average daily volume of 139,790 shares. The stock had previously closed at $7.32.

KraneShares 2x Long PDD Daily ETF Stock Up 4.8%

The company has a fifty day moving average of $8.31 and a 200-day moving average of $11.97.

Institutional Investors Weigh In On KraneShares 2x Long PDD Daily ETF

A hedge fund recently bought a new stake in KraneShares 2x Long PDD Daily ETF stock. Susquehanna International Group LLP acquired a new position in KraneShares 2x Long PDD Daily ETF (NASDAQ:KPDDFree Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 21,846 shares of the company’s stock, valued at approximately $581,000. Susquehanna International Group LLP owned about 3.64% of KraneShares 2x Long PDD Daily ETF at the end of the most recent quarter.

About KraneShares 2x Long PDD Daily ETF

(Get Free Report)

There is no description available for this ETF.

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