KraneShares SSE Star Market 50 Index ETF (NYSEARCA:KSTR) Short Interest Update

KraneShares SSE Star Market 50 Index ETF (NYSEARCA:KSTR) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 82,189 shares, a growth of 19.9% from the February 12th total of 68,547 shares. Based on an average daily volume of 200,168 shares, the days-to-cover ratio is presently 0.4 days. Currently, 2.0% of the company’s stock are sold short. Currently, 2.0% of the company’s stock are sold short. Based on an average daily volume of 200,168 shares, the days-to-cover ratio is presently 0.4 days.

KraneShares SSE Star Market 50 Index ETF Stock Up 1.3%

Shares of KSTR traded up $0.25 during midday trading on Monday, reaching $19.55. 37,389 shares of the stock were exchanged, compared to its average volume of 335,120. KraneShares SSE Star Market 50 Index ETF has a 12-month low of $11.86 and a 12-month high of $22.13. The firm has a 50 day simple moving average of $20.64 and a 200-day simple moving average of $19.37.

Hedge Funds Weigh In On KraneShares SSE Star Market 50 Index ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. OLD Mission Capital LLC grew its position in KraneShares SSE Star Market 50 Index ETF by 47.9% in the fourth quarter. OLD Mission Capital LLC now owns 66,418 shares of the company’s stock worth $1,236,000 after acquiring an additional 21,502 shares in the last quarter. Prudential PLC lifted its stake in shares of KraneShares SSE Star Market 50 Index ETF by 7.9% in the 2nd quarter. Prudential PLC now owns 739,480 shares of the company’s stock valued at $10,218,000 after purchasing an additional 53,900 shares during the last quarter. Susquehanna International Group LLP boosted its holdings in KraneShares SSE Star Market 50 Index ETF by 436.0% in the third quarter. Susquehanna International Group LLP now owns 139,948 shares of the company’s stock worth $2,814,000 after purchasing an additional 113,838 shares in the last quarter. Finally, Citadel Advisors LLC bought a new stake in KraneShares SSE Star Market 50 Index ETF in the third quarter worth $3,245,000.

KraneShares SSE Star Market 50 Index ETF Company Profile

The KraneShares SSE STAR Market 50 Index ETF (KSTR) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of the top 50 companies by market-cap that are listed on the Shanghai Stock Exchange (SSE) Science and Technology Innovation Board. KSTR was launched on Jan 27, 2021 and is managed by KraneShares.