KraneShares 2x Long BABA Daily ETF (NASDAQ:KBAB) Short Interest Up 179.5% in September

KraneShares 2x Long BABA Daily ETF (NASDAQ:KBABGet Free Report) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 23,200 shares, an increase of 179.5% from the August 31st total of 8,300 shares. Based on an average daily volume of 14,000 shares, the short-interest ratio is presently 1.7 days. Based on an average daily volume of 14,000 shares, the short-interest ratio is presently 1.7 days.

KraneShares 2x Long BABA Daily ETF Stock Down 1.5%

Shares of KBAB stock opened at $39.22 on Friday. The firm has a market capitalization of $5.88 million and a price-to-earnings ratio of 14.81. The stock has a fifty day moving average of $23.23 and a 200 day moving average of $19.21. KraneShares 2x Long BABA Daily ETF has a 52 week low of $11.85 and a 52 week high of $41.12.

About KraneShares 2x Long BABA Daily ETF

(Get Free Report)

KraneShares Trust – KraneShares 2x Long BABA Daily ETF is an exchange traded fund launched and managed by Krane Funds Advisors, LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across diversified sectors. The fund uses derivatives such as options and swaps to create its portfolio.

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