KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) Sees Large Growth in Short Interest

KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 5,238 shares, an increase of 135.6% from the November 30th total of 2,223 shares. Based on an average daily trading volume, of 4,647 shares, the short-interest ratio is currently 1.1 days. Approximately 0.5% of the shares of the company are sold short. Approximately 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 4,647 shares, the short-interest ratio is currently 1.1 days.

Institutional Trading of KraneShares Asia Pacific High Income Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Harbor Asset Planning Inc. purchased a new stake in KraneShares Asia Pacific High Income Bond ETF in the second quarter worth $30,000. Stance Capital LLC purchased a new stake in shares of KraneShares Asia Pacific High Income Bond ETF in the 3rd quarter worth approximately $72,000. Colonial Trust Advisors bought a new stake in KraneShares Asia Pacific High Income Bond ETF during the 3rd quarter valued at $73,000. Koshinski Asset Management Inc. bought a new stake in KraneShares Asia Pacific High Income Bond ETF during the 3rd quarter valued at $203,000. Finally, Goldman Sachs Group Inc. purchased a new position in shares of KraneShares Asia Pacific High Income Bond ETF in the 1st quarter valued at $530,000.

KraneShares Asia Pacific High Income Bond ETF Price Performance

Shares of NYSEARCA KHYB traded down $0.01 during mid-day trading on Friday, reaching $24.50. The company’s stock had a trading volume of 8,441 shares, compared to its average volume of 4,146. KraneShares Asia Pacific High Income Bond ETF has a 52 week low of $22.92 and a 52 week high of $24.70. The firm has a market capitalization of $24.50 million, a PE ratio of 10.02 and a beta of 0.16. The stock has a fifty day moving average of $24.43 and a two-hundred day moving average of $24.32.

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.