AXS Knowledge Leaders ETF (NYSEARCA:KNO) Short Interest Up 84.0% in June

AXS Knowledge Leaders ETF (NYSEARCA:KNO) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 745 shares, an increase of 84.0% from the May 31st total of 405 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 518 shares, the days-to-cover ratio is presently 1.4 days.

Hedge Funds Weigh In On AXS Knowledge Leaders ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE acquired a new position in shares of AXS Knowledge Leaders ETF in the fourth quarter valued at $51,000. WealthShield Partners LLC acquired a new stake in shares of AXS Knowledge Leaders ETF during the 4th quarter worth about $52,000. Raymond James Financial Inc. bought a new stake in shares of AXS Knowledge Leaders ETF during the 2nd quarter worth about $209,000. OLD Mission Capital LLC boosted its holdings in shares of AXS Knowledge Leaders ETF by 5.4% during the 4th quarter. OLD Mission Capital LLC now owns 24,570 shares of the company’s stock worth $1,260,000 after buying an additional 1,252 shares during the period. Finally, Jane Street Group LLC grew its stake in AXS Knowledge Leaders ETF by 126.4% in the 2nd quarter. Jane Street Group LLC now owns 28,395 shares of the company’s stock valued at $1,391,000 after buying an additional 15,854 shares during the last quarter.

AXS Knowledge Leaders ETF Stock Down 2.1%

KNO opened at $63.31 on Thursday. AXS Knowledge Leaders ETF has a 12-month low of $48.27 and a 12-month high of $65.13. The stock has a market cap of $46.22 million, a price-to-earnings ratio of 20.49 and a beta of 0.91. The business has a 50 day moving average of $60.71 and a 200-day moving average of $56.30.

About AXS Knowledge Leaders ETF

The AXS Knowledge Leaders ETF (KNO) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in highly innovative companies from developed markets. KNO was launched on Jul 7, 2015 and is issued by AXS Investments.