KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) Short Interest Update

KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) was the recipient of a large growth in short interest in February. As of February 27th, there was short interest totaling 524,619 shares, a growth of 42.3% from the February 12th total of 368,655 shares. Based on an average trading volume of 110,923 shares, the days-to-cover ratio is presently 4.7 days. Currently, 7.9% of the company’s stock are short sold. Currently, 7.9% of the company’s stock are short sold. Based on an average trading volume of 110,923 shares, the days-to-cover ratio is presently 4.7 days.

Institutional Investors Weigh In On KraneShares Mount Lucas Managed Futures Index Strategy ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Simplex Trading LLC purchased a new stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF in the fourth quarter valued at approximately $26,000. EverSource Wealth Advisors LLC purchased a new position in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF during the third quarter worth approximately $105,000. Advisory Services Network LLC acquired a new position in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF in the 3rd quarter valued at $148,000. Wealthcare Capital Management LLC purchased a new stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF in the 3rd quarter valued at $209,000. Finally, Signet Private Wealth LLC purchased a new stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF in the 4th quarter valued at $258,000.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Stock Performance

Shares of KMLM stock traded down $0.17 during mid-day trading on Friday, hitting $27.88. 205,319 shares of the stock were exchanged, compared to its average volume of 166,294. The stock’s fifty day simple moving average is $26.74 and its two-hundred day simple moving average is $26.73. KraneShares Mount Lucas Managed Futures Index Strategy ETF has a 12-month low of $25.28 and a 12-month high of $28.06. The stock has a market capitalization of $184.01 million, a price-to-earnings ratio of 9.85 and a beta of -0.37.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Dividend Announcement

The company also recently declared an annual dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 22nd were paid a dividend of $1.3035 per share. This represents a yield of 502.0%. The ex-dividend date was Monday, December 22nd.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Company Profile

The KFA Mount Lucas Index Strategy ETF (KMLM) is an exchange-traded fund that is based on the KFA MLM index. The fund aims to track an index of long and short managed futures, based on a trend following methodology. The fund allocates to commodity, currency and global fixed income futures based on relative historical volatility. KMLM was launched on Dec 2, 2020 and is managed by KraneShares.