Short Interest in KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) Declines By 60.8%
by Scott Moore · The Cerbat GemKraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB – Get Free Report) was the target of a large decline in short interest in March. As of March 31st, there was short interest totaling 260 shares, a decline of 60.8% from the March 15th total of 664 shares. Based on an average daily trading volume, of 2,871 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.
KraneShares Asia Pacific High Income Bond ETF Stock Up 0.2%
Shares of KraneShares Asia Pacific High Income Bond ETF stock traded up $0.06 on Tuesday, hitting $24.29. The company’s stock had a trading volume of 1,753 shares, compared to its average volume of 3,529. KraneShares Asia Pacific High Income Bond ETF has a 52-week low of $23.34 and a 52-week high of $24.88. The firm has a fifty day moving average price of $24.34 and a 200-day moving average price of $24.46. The company has a market capitalization of $14.57 million, a P/E ratio of 10.02 and a beta of 0.19.
KraneShares Asia Pacific High Income Bond ETF Increases Dividend
The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were given a $0.1864 dividend. The ex-dividend date was Thursday, February 26th. This represents a c) annualized dividend and a dividend yield of 9.2%. This is a boost from KraneShares Asia Pacific High Income Bond ETF’s previous monthly dividend of $0.19.
Institutional Investors Weigh In On KraneShares Asia Pacific High Income Bond ETF
Several institutional investors and hedge funds have recently made changes to their positions in KHYB. Simplicity Wealth LLC acquired a new position in shares of KraneShares Asia Pacific High Income Bond ETF during the 3rd quarter valued at about $1,382,000. Goldman Sachs Group Inc. acquired a new position in shares of KraneShares Asia Pacific High Income Bond ETF during the 1st quarter valued at about $530,000. Stance Capital LLC acquired a new position in shares of KraneShares Asia Pacific High Income Bond ETF during the 3rd quarter valued at about $72,000. Jane Street Group LLC increased its stake in shares of KraneShares Asia Pacific High Income Bond ETF by 47.9% during the 1st quarter. Jane Street Group LLC now owns 47,267 shares of the company’s stock valued at $1,139,000 after acquiring an additional 15,305 shares during the last quarter. Finally, Koshinski Asset Management Inc. acquired a new position in shares of KraneShares Asia Pacific High Income Bond ETF during the 3rd quarter valued at about $203,000.
KraneShares Asia Pacific High Income Bond ETF Company Profile
The KraneShares Asia Pacific High Income Bond ETF (KHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to primarily high-yield bonds from the Asia-Pacific. KHYB was launched on Jun 26, 2018 and is managed by KraneShares.