PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF) Short Interest Update

PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF) saw a significant decline in short interest during the month of 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. Based on an average daily trading volume, of 165,685 shares, the short-interest ratio is presently 0.0 days. Approximately 0.2% of the company’s stock are short sold.

PLUS Korea Defense Industry Index ETF Stock Performance

Shares of PLUS Korea Defense Industry Index ETF stock traded down $3.14 during trading on Friday, reaching $50.00. The company’s stock had a trading volume of 237,505 shares, compared to its average volume of 150,897. The business’s fifty day moving average price is $57.44 and its 200-day moving average price is $53.34. The firm has a market cap of $161.50 million, a price-to-earnings ratio of 23.08 and a beta of 1.76. PLUS Korea Defense Industry Index ETF has a one year low of $33.32 and a one year high of $67.41.

Hedge Funds Weigh In On PLUS Korea Defense Industry Index ETF

A number of institutional investors have recently made changes to their positions in KDEF. Jane Street Group LLC bought a new position in shares of PLUS Korea Defense Industry Index ETF in the first quarter worth about $1,352,000. TD Waterhouse Canada Inc. bought a new position in shares of PLUS Korea Defense Industry Index ETF in the third quarter worth about $331,000. Pekin Hardy Strauss Inc. increased its stake in shares of PLUS Korea Defense Industry Index ETF by 37.5% in the third quarter. Pekin Hardy Strauss Inc. now owns 11,000 shares of the company’s stock worth $546,000 after purchasing an additional 3,000 shares during the period. Militia Capital Partners LP bought a new position in shares of PLUS Korea Defense Industry Index ETF in the third quarter worth about $240,000. Finally, Spectrum Strategic Capital Management LLC bought a new position in shares of PLUS Korea Defense Industry Index ETF in the fourth quarter worth about $2,268,000.

PLUS Korea Defense Industry Index ETF Company Profile

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.