Short Interest in PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF) Decreases By 72.2%

Posted by Renee Jackson on May 30th, 2026

PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF – Get Free Report) saw a significant decline in short interest in May. As of May 15th, there was short interest totaling 5,059 shares, a decline of 72.2% from the April 30th total of 18,171 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 165,685 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On PLUS Korea Defense Industry Index ETF

Several hedge funds have recently bought and sold shares of KDEF. Jane Street Group LLC bought a new stake in PLUS Korea Defense Industry Index ETF during the first quarter valued at approximately $1,352,000. TD Waterhouse Canada Inc. bought a new stake in shares of PLUS Korea Defense Industry Index ETF in the 3rd quarter worth approximately $331,000. Pekin Hardy Strauss Inc. lifted its holdings in shares of PLUS Korea Defense Industry Index ETF by 37.5% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 11,000 shares of the company’s stock worth $546,000 after acquiring an additional 3,000 shares during the last quarter. Militia Capital Partners LP bought a new stake in shares of PLUS Korea Defense Industry Index ETF in the 3rd quarter worth approximately $240,000. Finally, Spectrum Strategic Capital Management LLC bought a new stake in shares of PLUS Korea Defense Industry Index ETF in the 4th quarter worth approximately $2,268,000.

PLUS Korea Defense Industry Index ETF Stock Down 5.9%

NYSEARCA:KDEF traded down $3.14 during mid-day trading on Friday, hitting $50.00. 237,505 shares of the stock traded hands, compared to its average volume of 150,897. The business’s 50-day moving average price is $57.44 and its 200 day moving average price is $53.27. The company has a market cap of $161.50 million, a PE ratio of 23.08 and a beta of 1.76. PLUS Korea Defense Industry Index ETF has a 12-month low of $33.32 and a 12-month high of $67.41.

About PLUS Korea Defense Industry Index ETF

(Get Free Report)

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.