KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) Short Interest Down 45.9% in January
by Doug Wharley · The Cerbat GemKraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA – Get Free Report) was the recipient of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 88,438 shares, a decrease of 45.9% from the January 15th total of 163,383 shares. Based on an average trading volume of 478,305 shares, the short-interest ratio is currently 0.2 days. Approximately 1.3% of the company’s stock are sold short. Approximately 1.3% of the company’s stock are sold short. Based on an average trading volume of 478,305 shares, the short-interest ratio is currently 0.2 days.
KraneShares Bosera MSCI China A 50 Connect Index ETF Stock Performance
Shares of KBA traded down $0.11 during trading hours on Friday, hitting $30.43. The company had a trading volume of 103,279 shares, compared to its average volume of 231,983. The stock has a market capitalization of $209.97 million, a price-to-earnings ratio of 13.75 and a beta of 0.10. The firm has a fifty day moving average price of $30.93 and a 200-day moving average price of $29.68. KraneShares Bosera MSCI China A 50 Connect Index ETF has a 52-week low of $20.70 and a 52-week high of $31.94.
KraneShares Bosera MSCI China A 50 Connect Index ETF Dividend Announcement
The company also recently announced an annual dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 22nd were issued a $0.4832 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a yield of 158.0%.
Institutional Investors Weigh In On KraneShares Bosera MSCI China A 50 Connect Index ETF
A number of institutional investors have recently made changes to their positions in KBA. Osaic Holdings Inc. increased its position in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 10.5% during the second quarter. Osaic Holdings Inc. now owns 4,132 shares of the company’s stock valued at $100,000 after acquiring an additional 394 shares in the last quarter. IFP Advisors Inc boosted its stake in KraneShares Bosera MSCI China A 50 Connect Index ETF by 446.6% during the 3rd quarter. IFP Advisors Inc now owns 1,208 shares of the company’s stock valued at $36,000 after purchasing an additional 987 shares during the last quarter. Future Financial Wealth Managment LLC purchased a new stake in KraneShares Bosera MSCI China A 50 Connect Index ETF during the 3rd quarter valued at $30,000. Raymond James Financial Inc. increased its holdings in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 22.6% in the 3rd quarter. Raymond James Financial Inc. now owns 11,412 shares of the company’s stock worth $343,000 after purchasing an additional 2,105 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 783.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,818 shares of the company’s stock worth $118,000 after purchasing an additional 3,386 shares during the last quarter.
About KraneShares Bosera MSCI China A 50 Connect Index ETF
The KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA) is an exchange-traded fund that is based on the MSCI China A 50 Connect index. The fund tracks a subset of market cap-weighted large- and mid-cap Chinese equities listed in Shanghai and Shenzhen. KBA was launched on Mar 5, 2014 and is managed by KraneShares.