KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) Short Interest Update

KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 7,027 shares, a growth of 14,851.1% from the May 14th total of 47 shares. Approximately 1.4% of the shares of the company are short sold. Based on an average daily volume of 1,682 shares, the days-to-cover ratio is currently 4.2 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in KraneShares Man Buyout Beta Index ETF stock. Ascentis Independent Advisors acquired a new stake in KraneShares Man Buyout Beta Index ETF (NYSEARCA:BUYO) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 20,504 shares of the company’s stock, valued at approximately $567,000. Ascentis Independent Advisors owned approximately 4.10% of KraneShares Man Buyout Beta Index ETF as of its most recent SEC filing.

KraneShares Man Buyout Beta Index ETF Price Performance

Shares of NYSEARCA BUYO traded up $0.15 during trading hours on Tuesday, reaching $31.52. The stock had a trading volume of 325 shares, compared to its average volume of 1,064. The business’s fifty day moving average is $30.09 and its two-hundred day moving average is $28.96. The company has a market cap of $15.76 million, a price-to-earnings ratio of 18.59 and a beta of 1.16. KraneShares Man Buyout Beta Index ETF has a twelve month low of $23.80 and a twelve month high of $32.00.

About KraneShares Man Buyout Beta Index ETF

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.