KraneShares CSI China Internet ETF (NYSE:KWEB) Short Interest Update

KraneShares CSI China Internet ETF (NYSE:KWEB) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totalling 22,200,000 shares, a decrease of 9.8% from the July 15th total of 24,610,000 shares. Based on an average daily volume of 16,357,500 shares, the short-interest ratio is presently 1.4 days.

Institutional Investors Weigh In On KraneShares CSI China Internet ETF

Hedge funds have recently bought and sold shares of the business. International Assets Investment Management LLC purchased a new stake in KraneShares CSI China Internet ETF in the 2nd quarter worth about $31,000. Mather Group LLC. lifted its stake in KraneShares CSI China Internet ETF by 243.9% in the 2nd quarter. Mather Group LLC. now owns 1,221 shares of the company’s stock worth $32,000 after acquiring an additional 866 shares in the last quarter. Friedenthal Financial purchased a new stake in KraneShares CSI China Internet ETF in the 2nd quarter worth about $119,000. EverSource Wealth Advisors LLC lifted its stake in KraneShares CSI China Internet ETF by 91,900.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 4,600 shares of the company’s stock worth $128,000 after acquiring an additional 4,595 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. lifted its stake in KraneShares CSI China Internet ETF by 17.8% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 4,700 shares of the company’s stock worth $128,000 after acquiring an additional 710 shares in the last quarter.

KraneShares CSI China Internet ETF Stock Up 1.4 %

Shares of NYSE KWEB traded up $0.39 during mid-day trading on Monday, hitting $27.38. 9,813,938 shares of the company traded hands, compared to its average volume of 19,510,549. KraneShares CSI China Internet ETF has a 1 year low of $22.68 and a 1 year high of $32.63. The business’s 50 day moving average is $27.42.