Short Interest in KraneShares 2x Long PDD Daily ETF (NASDAQ:KPDD) Expands By 156.4%

KraneShares 2x Long PDD Daily ETF (NASDAQ:KPDD) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 197,845 shares, a growth of 156.4% from the April 30th total of 77,160 shares. Approximately 8.2% of the company’s stock are short sold. Based on an average trading volume of 225,672 shares, the days-to-cover ratio is currently 0.9 days.

Hedge Funds Weigh In On KraneShares 2x Long PDD Daily ETF

A hedge fund recently bought a new stake in KraneShares 2x Long PDD Daily ETF stock. Susquehanna International Group LLP purchased a new position in shares of KraneShares 2x Long PDD Daily ETF (NASDAQ:KPDD) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 21,846 shares of the company’s stock, valued at approximately $581,000. Susquehanna International Group LLP owned 3.64% of KraneShares 2x Long PDD Daily ETF as of its most recent filing with the Securities and Exchange Commission.

KraneShares 2x Long PDD Daily ETF Stock Performance

KraneShares 2x Long PDD Daily ETF stock traded up $0.42 during trading hours on Monday, reaching $6.15. The stock had a trading volume of 511,212 shares, compared to its average volume of 198,619. The business’s 50 day moving average price is $8.11 and its 200-day moving average price is $11.50. KraneShares 2x Long PDD Daily ETF has a 52 week low of $5.36 and a 52 week high of $29.15.

KraneShares 2x Long PDD Daily ETF Company Profile

There is no description available for this ETF.