Short Interest in KraneShares 2x Long PDD Daily ETF (NASDAQ:KPDD) Increases By 135.5%

KraneShares 2x Long PDD Daily ETF (NASDAQ:KPDDGet Free Report) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 316,342 shares, a growth of 135.5% from the June 30th total of 134,326 shares. Based on an average daily trading volume, of 180,490 shares, the days-to-cover ratio is presently 1.8 days. Approximately 9.8% of the shares of the company are short sold.

Hedge Funds Weigh In On KraneShares 2x Long PDD Daily ETF

A hedge fund recently bought a new position in KraneShares 2x Long PDD Daily ETF stock. Susquehanna International Group LLP purchased a new position in KraneShares 2x Long PDD Daily ETF (NASDAQ:KPDDFree Report) in the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 21,846 shares of the company’s stock, valued at approximately $581,000. Susquehanna International Group LLP owned 3.64% of KraneShares 2x Long PDD Daily ETF at the end of the most recent quarter.

KraneShares 2x Long PDD Daily ETF Trading Down 3.5%

KPDD stock traded down $0.21 during trading on Thursday, reaching $5.82. 66,468 shares of the company’s stock were exchanged, compared to its average volume of 214,151. KraneShares 2x Long PDD Daily ETF has a 1-year low of $4.10 and a 1-year high of $29.15. The company’s fifty day moving average price is $5.58 and its 200-day moving average price is $7.78.

About KraneShares 2x Long PDD Daily ETF

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There is no description available for this ETF.

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