KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) Short Interest Update

KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) saw a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 664 shares, an increase of 227.1% from the February 26th total of 203 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 7,136 shares, the days-to-cover ratio is presently 0.1 days.

KraneShares Asia Pacific High Income Bond ETF Stock Down 0.6%

Shares of KraneShares Asia Pacific High Income Bond ETF stock opened at $23.84 on Friday. KraneShares Asia Pacific High Income Bond ETF has a 52 week low of $22.92 and a 52 week high of $24.88. The business’s fifty day simple moving average is $24.55 and its 200-day simple moving average is $24.51. The firm has a market cap of $16.69 million, a PE ratio of 10.02 and a beta of 0.16.

KraneShares Asia Pacific High Income Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were given a $0.1864 dividend. The ex-dividend date of this dividend was Thursday, February 26th. This is an increase from KraneShares Asia Pacific High Income Bond ETF’s previous monthly dividend of $0.19. This represents a c) dividend on an annualized basis and a yield of 9.4%.

Institutional Investors Weigh In On KraneShares Asia Pacific High Income Bond ETF

Institutional investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. acquired a new position in shares of KraneShares Asia Pacific High Income Bond ETF in the 1st quarter worth approximately $530,000. Jane Street Group LLC boosted its position in shares of KraneShares Asia Pacific High Income Bond ETF by 47.9% during the first quarter. Jane Street Group LLC now owns 47,267 shares of the company’s stock worth $1,139,000 after buying an additional 15,305 shares during the period. Simplicity Wealth LLC purchased a new position in shares of KraneShares Asia Pacific High Income Bond ETF during the third quarter worth $1,382,000. Koshinski Asset Management Inc. acquired a new stake in shares of KraneShares Asia Pacific High Income Bond ETF in the third quarter valued at $203,000. Finally, Colonial Trust Advisors purchased a new stake in shares of KraneShares Asia Pacific High Income Bond ETF in the 3rd quarter valued at $73,000.

KraneShares Asia Pacific High Income Bond ETF Company Profile

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.