KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) Short Interest Up 14,851.1% in May

KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 7,027 shares, an increase of 14,851.1% from the May 14th total of 47 shares. Approximately 1.4% of the shares of the company are sold short. Based on an average daily volume of 1,682 shares, the short-interest ratio is presently 4.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in KraneShares Man Buyout Beta Index ETF stock. Ascentis Independent Advisors acquired a new stake in shares of KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,504 shares of the company’s stock, valued at approximately $567,000. Ascentis Independent Advisors owned 4.10% of KraneShares Man Buyout Beta Index ETF as of its most recent SEC filing.

KraneShares Man Buyout Beta Index ETF Stock Up 0.5%

Shares of KraneShares Man Buyout Beta Index ETF stock opened at $31.52 on Wednesday. The company has a market cap of $15.76 million, a price-to-earnings ratio of 18.59 and a beta of 1.16. The company’s 50 day moving average is $30.18 and its 200 day moving average is $29.00. KraneShares Man Buyout Beta Index ETF has a twelve month low of $23.80 and a twelve month high of $32.00.

KraneShares Man Buyout Beta Index ETF Company Profile

The KraneShares Man Buyout Beta Index ETF (BUYO) is an exchange-traded fund that is based on the Man Buyout Beta index, a market-cap-weighted index designed to deliver private-equity-like performance through investments in small- and mid-cap US stocks BUYO was launched on Oct 8, 2024 and is issued by KraneShares.