KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) Stock Short Interest Falls 87.9%

KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) was the target of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 7 shares, a decline of 87.9% from the October 15th total of 58 shares. Based on an average trading volume of 628 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

KraneShares MSCI One Belt One Road Index ETF Stock Performance

Shares of NYSEARCA:OBOR traded up $0.03 during trading on Wednesday, hitting $26.36. The company’s stock had a trading volume of 47 shares, compared to its average volume of 2,471. The company has a market capitalization of $3.95 million, a PE ratio of 12.33 and a beta of 0.46. KraneShares MSCI One Belt One Road Index ETF has a fifty-two week low of $24.95 and a fifty-two week high of $30.07. The stock’s 50-day moving average price is $27.15 and its two-hundred day moving average price is $27.50.

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.