KraneShares 2x Long JD Daily ETF (NASDAQ:KJD) Stock Short Interest Jumps 56.3%

KraneShares 2x Long JD Daily ETF (NASDAQ:KJD) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,285 shares, an increase of 56.3% from the August 31st total of 822 shares. Based on an average daily volume of 9,026 shares, the days-to-cover ratio is presently 0.1 days. Approximately 1.6% of the company’s shares are sold short.

KraneShares 2x Long JD Daily ETF Stock Up 2.6%

Shares of NASDAQ KJD traded up $0.37 during midday trading on Wednesday, reaching $14.50. The stock had a trading volume of 2,236 shares, compared to its average volume of 4,603. The company’s 50 day moving average price is $17.75 and its 200 day moving average price is $18.28. KraneShares 2x Long JD Daily ETF has a twelve month low of $13.18 and a twelve month high of $28.34.

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

A hedge fund recently bought a new position in KraneShares 2x Long JD Daily ETF stock. DGS Capital Management LLC purchased a new position in shares of KraneShares 2x Long JD Daily ETF (NASDAQ:KJD) in the first quarter, according to its most recent filing with the SEC. The firm purchased 11,555 shares of the company’s stock, valued at approximately $216,000. DGS Capital Management LLC owned 11.55% of KraneShares 2x Long JD Daily ETF at the end of the most recent quarter.