PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF – Get Free Report) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 5,502 shares, a decrease of 64.5% from the August 31st total of 15,515 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 32,157 shares, the days-to-cover ratio is currently 0.2 days.
Institutional Trading of PLUS Korea Defense Industry Index ETF
A hedge fund recently bought a new position in PLUS Korea Defense Industry Index ETF stock. Concurrent Investment Advisors LLC purchased a new position in PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 37,233 shares of the company’s stock, valued at approximately $1,508,000. Concurrent Investment Advisors LLC owned 1.41% of PLUS Korea Defense Industry Index ETF as of its most recent SEC filing.
PLUS Korea Defense Industry Index ETF Price Performance
Shares of PLUS Korea Defense Industry Index ETF stock traded up $1.00 during trading on Monday, hitting $42.52. 20,989 shares of the company’s stock traded hands, compared to its average volume of 116,043. PLUS Korea Defense Industry Index ETF has a 1 year low of $33.17 and a 1 year high of $67.41. The business has a 50-day simple moving average of $41.69 and a 200-day simple moving average of $48.32. The stock has a market capitalization of $110.13 million, a P/E ratio of 23.08 and a beta of 1.61.
About PLUS Korea Defense Industry Index ETF
The PLUS Korea Defense Industry Index ETF (KDEF) is an exchange-traded fund that is based on the Korea Defense Industry index. The fund is passively managed to track an index which provides concentrated exposure to Koreas leading defense companies. The fund uses an AI program to identify, score and select companies for industry relevance KDEF was launched on Feb 5, 2025 and is issued by PLUS.
See Also
- Five stocks we like better than PLUS Korea Defense Industry Index ETF
- Six Flags Launches FlexPay—Is There Any FUN Left in the Stock?
- Brewing Trouble? Starbucks Spills the Beans on 250 Store Closures
- Stitch Fix Stock Plunges as Guidance Puts the Turnaround on Pause
- Harley-Davidson Insiders Are Buying: Is HOG Finally Turning Around?
Receive News & Ratings for PLUS Korea Defense Industry Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PLUS Korea Defense Industry Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
