KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) Sees Significant Decline in Short Interest

KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 58 shares, a drop of 83.3% from the September 15th total of 348 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 425 shares, the days-to-cover ratio is presently 0.1 days.

KraneShares MSCI One Belt One Road Index ETF Trading Down 0.1%

Shares of NYSEARCA OBOR traded down $0.02 during trading hours on Monday, reaching $26.89. The stock had a trading volume of 619 shares, compared to its average volume of 2,692. The firm has a market cap of $4.03 million, a price-to-earnings ratio of 11.41 and a beta of 0.45. KraneShares MSCI One Belt One Road Index ETF has a fifty-two week low of $24.95 and a fifty-two week high of $30.07. The firm has a 50-day moving average of $27.75 and a 200-day moving average of $27.34.

KraneShares MSCI One Belt One Road Index ETF Company Profile

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.