AXS Knowledge Leaders ETF (NYSEARCA:KNO) Sees Large Growth in Short Interest

by · The Markets Daily

AXS Knowledge Leaders ETF (NYSEARCA:KNO – Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 405 shares, a growth of 710.0% from the May 14th total of 50 shares. Based on an average daily volume of 741 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On AXS Knowledge Leaders ETF

A number of hedge funds have recently added to or reduced their stakes in KNO. Jane Street Group LLC raised its holdings in AXS Knowledge Leaders ETF by 126.4% in the 2nd quarter. Jane Street Group LLC now owns 28,395 shares of the company’s stock worth $1,391,000 after acquiring an additional 15,854 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in AXS Knowledge Leaders ETF during the 2nd quarter valued at $209,000. OLD Mission Capital LLC raised its stake in AXS Knowledge Leaders ETF by 5.4% during the 4th quarter. OLD Mission Capital LLC now owns 24,570 shares of the company’s stock valued at $1,260,000 after buying an additional 1,252 shares during the last quarter. Bank of America Corp DE purchased a new stake in AXS Knowledge Leaders ETF during the 4th quarter valued at $51,000. Finally, WealthShield Partners LLC purchased a new stake in AXS Knowledge Leaders ETF during the 4th quarter valued at $52,000.

AXS Knowledge Leaders ETF Stock Performance

NYSEARCA KNO remained flat at $61.58 during mid-day trading on Wednesday. 83 shares of the company were exchanged, compared to its average volume of 764. AXS Knowledge Leaders ETF has a 52 week low of $47.51 and a 52 week high of $64.28. The firm has a market cap of $44.95 million, a PE ratio of 20.49 and a beta of 0.91. The business’s 50-day moving average price is $57.80 and its two-hundred day moving average price is $54.88.

AXS Knowledge Leaders ETF Company Profile

(Get Free Report)

The AXS Knowledge Leaders ETF (KNO) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in highly innovative companies from developed markets. KNO was launched on Jul 7, 2015 and is issued by AXS Investments.

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