KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEARCA:KARS) Short Interest Update

KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEARCA:KARS) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 14,800 shares, an increase of 300.0% from the September 15th total of 3,700 shares. Based on an average trading volume of 54,300 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 54,300 shares, the short-interest ratio is currently 0.3 days.

KraneShares Electric Vehicles and Future Mobility Index ETF Trading Down 0.9%

KARS opened at $30.30 on Monday. KraneShares Electric Vehicles and Future Mobility Index ETF has a 1-year low of $17.44 and a 1-year high of $31.89. The stock’s fifty day simple moving average is $28.40 and its 200 day simple moving average is $24.06. The stock has a market cap of $78.78 million, a PE ratio of 17.78 and a beta of 1.27.

Institutional Investors Weigh In On KraneShares Electric Vehicles and Future Mobility Index ETF

Large investors have recently added to or reduced their stakes in the business. Jane Street Group LLC grew its holdings in KraneShares Electric Vehicles and Future Mobility Index ETF by 100.9% in the 1st quarter. Jane Street Group LLC now owns 61,567 shares of the company’s stock valued at $1,307,000 after buying an additional 30,927 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in KraneShares Electric Vehicles and Future Mobility Index ETF by 17.4% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 14,182 shares of the company’s stock valued at $301,000 after buying an additional 2,103 shares in the last quarter. Raymond James Financial Inc. acquired a new position in KraneShares Electric Vehicles and Future Mobility Index ETF in the 2nd quarter valued at $53,000. Larson Financial Group LLC acquired a new position in KraneShares Electric Vehicles and Future Mobility Index ETF in the 1st quarter valued at $41,000. Finally, Harbor Asset Planning Inc. acquired a new stake in KraneShares Electric Vehicles and Future Mobility Index ETF in the 2nd quarter worth about $39,000.

KraneShares Electric Vehicles and Future Mobility Index ETF Company Profile

The KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market-cap-weighted index of stocks that are involved in the production of electric vehicles or other initiatives that may enhance future mobility.