KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) Sees Large Growth in Short Interest

KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 5,238 shares, an increase of 135.6% from the November 30th total of 2,223 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 4,647 shares, the short-interest ratio is presently 1.1 days. Based on an average trading volume of 4,647 shares, the short-interest ratio is presently 1.1 days. Currently, 0.5% of the company’s stock are sold short.

Hedge Funds Weigh In On KraneShares Asia Pacific High Income Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KHYB. Harbor Asset Planning Inc. purchased a new stake in KraneShares Asia Pacific High Income Bond ETF in the 2nd quarter worth about $30,000. Stance Capital LLC purchased a new stake in shares of KraneShares Asia Pacific High Income Bond ETF in the third quarter worth approximately $72,000. Colonial Trust Advisors acquired a new stake in shares of KraneShares Asia Pacific High Income Bond ETF during the third quarter worth approximately $73,000. Koshinski Asset Management Inc. acquired a new stake in shares of KraneShares Asia Pacific High Income Bond ETF during the third quarter worth approximately $203,000. Finally, Goldman Sachs Group Inc. acquired a new position in KraneShares Asia Pacific High Income Bond ETF in the 1st quarter valued at approximately $530,000.

KraneShares Asia Pacific High Income Bond ETF Trading Down 0.0%

KHYB traded down $0.01 on Friday, hitting $24.50. 8,441 shares of the company’s stock were exchanged, compared to its average volume of 4,146. The stock has a fifty day moving average of $24.43 and a two-hundred day moving average of $24.32. KraneShares Asia Pacific High Income Bond ETF has a twelve month low of $22.92 and a twelve month high of $24.70. The firm has a market cap of $24.50 million, a PE ratio of 10.02 and a beta of 0.16.

About KraneShares Asia Pacific High Income Bond ETF

The KraneShares Asia Pacific High Income Bond ETF (KHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to primarily high-yield bonds from the Asia-Pacific. KHYB was launched on Jun 26, 2018 and is managed by KraneShares.