KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) Short Interest Up 74.7% in June

KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 456 shares, an increase of 74.7% from the May 31st total of 261 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 602 shares, the short-interest ratio is currently 0.8 days.

KraneShares MSCI One Belt One Road Index ETF Stock Performance

Shares of OBOR stock opened at $25.94 on Friday. The company has a market cap of $3.89 million, a P/E ratio of 11.41 and a beta of 0.44. The firm has a fifty day moving average price of $27.21 and a 200 day moving average price of $27.71. KraneShares MSCI One Belt One Road Index ETF has a 12 month low of $23.93 and a 12 month high of $30.07.

About KraneShares MSCI One Belt One Road Index ETF

The KraneShares MSCI One Belt One Road Index ETF (OBOR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-selected, tier-weighted index of companies likely to benefit from China’s One Belt, One Road initiative. OBOR was launched on Sep 7, 2017 and is managed by KraneShares.