KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) Short Interest Up 74.7% in June

KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 456 shares, an increase of 74.7% from the May 31st total of 261 shares. Based on an average daily trading volume, of 602 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.5% of the shares of the stock are sold short.

KraneShares MSCI One Belt One Road Index ETF Stock Performance

Shares of OBOR stock opened at $25.81 on Thursday. The stock has a fifty day simple moving average of $27.30 and a two-hundred day simple moving average of $27.72. The firm has a market capitalization of $3.87 million, a PE ratio of 11.41 and a beta of 0.44. KraneShares MSCI One Belt One Road Index ETF has a 52-week low of $23.93 and a 52-week high of $30.07.

KraneShares MSCI One Belt One Road Index ETF Company Profile

The KraneShares MSCI One Belt One Road Index ETF (OBOR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-selected, tier-weighted index of companies likely to benefit from China’s One Belt, One Road initiative. OBOR was launched on Sep 7, 2017 and is managed by KraneShares.