KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) Short Interest Down 57.6% in August

KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBORGet Free Report) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 225 shares, a decline of 57.6% from the August 15th total of 531 shares. Based on an average trading volume of 1,172 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

KraneShares MSCI One Belt One Road Index ETF Stock Down 0.8%

Shares of NYSEARCA OBOR traded down $0.22 during trading on Monday, reaching $28.17. The company had a trading volume of 706 shares, compared to its average volume of 2,943. KraneShares MSCI One Belt One Road Index ETF has a 12-month low of $24.75 and a 12-month high of $30.07. The stock has a market cap of $4.23 million, a PE ratio of 11.41 and a beta of 0.44. The business’s 50-day moving average is $27.17 and its 200 day moving average is $27.48.

About KraneShares MSCI One Belt One Road Index ETF

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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.

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