KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) Short Interest Down 98.7% in June

by · The Cerbat Gem

KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO – Get Free Report) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 88 shares, a decrease of 98.7% from the May 31st total of 7,027 shares. Based on an average daily volume of 858 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

KraneShares Man Buyout Beta Index ETF Trading Up 0.9%

Shares of NYSEARCA BUYO traded up $0.29 during trading on Thursday, reaching $32.73. 271 shares of the company traded hands, compared to its average volume of 1,011. The stock has a market cap of $16.36 million, a P/E ratio of 18.59 and a beta of 1.16. The firm’s fifty day simple moving average is $31.13 and its 200 day simple moving average is $29.44. KraneShares Man Buyout Beta Index ETF has a 12-month low of $24.67 and a 12-month high of $32.89.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in KraneShares Man Buyout Beta Index ETF stock. Ascentis Independent Advisors purchased a new stake in KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 20,504 shares of the company’s stock, valued at approximately $567,000. Ascentis Independent Advisors owned 4.10% of KraneShares Man Buyout Beta Index ETF at the end of the most recent quarter.

About KraneShares Man Buyout Beta Index ETF

(Get Free Report)

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.

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