Short Interest in KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) Drops By 60.2%

KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 727 shares, a decrease of 60.2% from the April 15th total of 1,826 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 227 shares, the days-to-cover ratio is currently 3.2 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in KraneShares Man Buyout Beta Index ETF stock. Ascentis Independent Advisors bought a new position in KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 20,504 shares of the company’s stock, valued at approximately $567,000. Ascentis Independent Advisors owned approximately 4.10% of KraneShares Man Buyout Beta Index ETF as of its most recent filing with the Securities & Exchange Commission.

KraneShares Man Buyout Beta Index ETF Trading Down 2.0%

Shares of KraneShares Man Buyout Beta Index ETF stock traded down $0.63 during trading on Friday, hitting $30.14. The stock had a trading volume of 83 shares, compared to its average volume of 1,012. The firm has a market cap of $15.07 million, a price-to-earnings ratio of 18.59 and a beta of 1.17. KraneShares Man Buyout Beta Index ETF has a 12 month low of $23.54 and a 12 month high of $31.36. The business’s 50-day moving average is $28.99 and its 200 day moving average is $28.46.

KraneShares Man Buyout Beta Index ETF Company Profile

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.