KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) Short Interest Down 33.5% in March

KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) saw a large decline in short interest in March. As of March 31st, there was short interest totaling 217,977 shares, a decline of 33.5% from the March 15th total of 327,901 shares. Based on an average trading volume of 188,567 shares, the days-to-cover ratio is currently 1.2 days. Currently, 2.2% of the company’s stock are short sold.

Hedge Funds Weigh In On KraneShares Mount Lucas Managed Futures Index Strategy ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. ORG Wealth Partners LLC grew its stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 1.3% during the 4th quarter. ORG Wealth Partners LLC now owns 30,714 shares of the company’s stock valued at $797,000 after acquiring an additional 391 shares in the last quarter. FMA Wealth Management LLC grew its stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 2.3% during the 4th quarter. FMA Wealth Management LLC now owns 22,954 shares of the company’s stock valued at $596,000 after acquiring an additional 525 shares in the last quarter. Nvwm LLC grew its stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 2.7% during the 3rd quarter. Nvwm LLC now owns 23,943 shares of the company’s stock valued at $645,000 after acquiring an additional 636 shares in the last quarter. Andina Capital Management LLC grew its stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 2.6% during the 3rd quarter. Andina Capital Management LLC now owns 33,883 shares of the company’s stock valued at $912,000 after acquiring an additional 846 shares in the last quarter. Finally, Illumine Investment Management LLC grew its stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 0.8% during the 3rd quarter. Illumine Investment Management LLC now owns 109,852 shares of the company’s stock valued at $2,958,000 after acquiring an additional 911 shares in the last quarter.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Trading Down 0.7%

NYSEARCA:KMLM traded down $0.21 on Tuesday, hitting $28.20. 455,380 shares of the company’s stock traded hands, compared to its average volume of 180,510. KraneShares Mount Lucas Managed Futures Index Strategy ETF has a 1 year low of $25.28 and a 1 year high of $28.73. The firm has a 50-day moving average price of $27.46 and a 200-day moving average price of $26.90. The company has a market cap of $284.82 million, a PE ratio of 9.85 and a beta of -0.39.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Company Profile

The KFA Mount Lucas Index Strategy ETF (KMLM) is an exchange-traded fund that is based on the KFA MLM index. The fund aims to track an index of long and short managed futures, based on a trend following methodology. The fund allocates to commodity, currency and global fixed income futures based on relative historical volatility. KMLM was launched on Dec 2, 2020 and is managed by KraneShares.