PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF – Get Free Report) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 5,502 shares, a decline of 64.5% from the August 31st total of 15,515 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 32,157 shares, the short-interest ratio is presently 0.2 days.
PLUS Korea Defense Industry Index ETF Stock Up 3.8%
NYSEARCA KDEF traded up $1.51 during trading hours on Friday, hitting $41.52. The company’s stock had a trading volume of 135,870 shares, compared to its average volume of 116,560. PLUS Korea Defense Industry Index ETF has a twelve month low of $33.17 and a twelve month high of $67.41. The firm has a market capitalization of $107.54 million, a P/E ratio of 23.08 and a beta of 1.61. The stock has a fifty day moving average of $41.57 and a 200 day moving average of $48.56.
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in PLUS Korea Defense Industry Index ETF stock. Concurrent Investment Advisors LLC purchased a new position in PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 37,233 shares of the company’s stock, valued at approximately $1,508,000. Concurrent Investment Advisors LLC owned about 1.41% of PLUS Korea Defense Industry Index ETF as of its most recent SEC filing.
PLUS Korea Defense Industry Index ETF Company Profile
The PLUS Korea Defense Industry Index ETF (KDEF) is an exchange-traded fund that is based on the Korea Defense Industry index. The fund is passively managed to track an index which provides concentrated exposure to Koreas leading defense companies. The fund uses an AI program to identify, score and select companies for industry relevance KDEF was launched on Feb 5, 2025 and is issued by PLUS.
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