Shares of KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR – Get Free Report) dropped 2% on Thursday . The stock traded as low as $28.34 and last traded at $28.34. Approximately 327 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 4,950 shares. The stock had previously closed at $28.92.
KraneShares MSCI One Belt One Road Index ETF Stock Down 2.2%
The company has a market cap of $2.77 million, a price-to-earnings ratio of 11.41 and a beta of 0.44. The firm has a 50 day moving average price of $27.99 and a two-hundred day moving average price of $27.44.
About KraneShares MSCI One Belt One Road Index ETF
The KraneShares MSCI One Belt One Road Index ETF (OBOR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-selected, tier-weighted index of companies likely to benefit from China’s One Belt, One Road initiative. OBOR was launched on Sep 7, 2017 and is managed by KraneShares.
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