Short Interest in KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) Drops By 98.7%

KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 88 shares, a decrease of 98.7% from the May 31st total of 7,027 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 858 shares, the days-to-cover ratio is currently 0.1 days.

KraneShares Man Buyout Beta Index ETF Price Performance

Shares of BUYO remained flat at $32.73 during trading hours on Friday. The stock had a trading volume of 271 shares, compared to its average volume of 1,011. KraneShares Man Buyout Beta Index ETF has a 12 month low of $24.67 and a 12 month high of $32.89. The firm has a market cap of $16.36 million, a price-to-earnings ratio of 18.59 and a beta of 1.16. The business’s fifty day moving average is $31.13 and its 200 day moving average is $29.44.

Institutional Investors Weigh In On KraneShares Man Buyout Beta Index ETF

An institutional investor recently bought a new stake in KraneShares Man Buyout Beta Index ETF stock. Ascentis Independent Advisors bought a new position in shares of KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 20,504 shares of the company’s stock, valued at approximately $567,000. Ascentis Independent Advisors owned 4.10% of KraneShares Man Buyout Beta Index ETF as of its most recent SEC filing.

About KraneShares Man Buyout Beta Index ETF

The KraneShares Man Buyout Beta Index ETF (BUYO) is an exchange-traded fund that is based on the Man Buyout Beta index, a market-cap-weighted index designed to deliver private-equity-like performance through investments in small- and mid-cap US stocks BUYO was launched on Oct 8, 2024 and is issued by KraneShares.