KraneShares Global Humanoid and Embodied Intelligence Index ETF (NASDAQ:KOID) Sees Large Increase in Short Interest

KraneShares Global Humanoid and Embodied Intelligence Index ETF (NASDAQ:KOID) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 345,897 shares, an increase of 199.1% from the July 30th total of 115,661 shares. Based on an average daily volume of 139,183 shares, the days-to-cover ratio is currently 2.5 days. Approximately 4.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in KraneShares Global Humanoid and Embodied Intelligence Index ETF stock. Strive Financial Group LLC bought a new position in shares of KraneShares Global Humanoid and Embodied Intelligence Index ETF (NASDAQ:KOID) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 7,121 shares of the company’s stock, valued at approximately $294,000. Strive Financial Group LLC owned approximately 0.09% of KraneShares Global Humanoid and Embodied Intelligence Index ETF as of its most recent filing with the SEC.

KraneShares Global Humanoid and Embodied Intelligence Index ETF Stock Up 1.5%

NASDAQ:KOID traded up $0.56 during mid-day trading on Thursday, hitting $37.00. The stock had a trading volume of 146,612 shares, compared to its average volume of 123,138. The stock has a 50-day simple moving average of $38.43 and a two-hundred day simple moving average of $37.25. KraneShares Global Humanoid and Embodied Intelligence Index ETF has a twelve month low of $27.74 and a twelve month high of $43.32.

About KraneShares Global Humanoid and Embodied Intelligence Index ETF

KraneShares Trust – KraneShares Asia Robotics and Artificial Intelligence Index ETF is an exchange traded fund launched and managed by Krane Funds Advisors, LLC. The fund invests in public equity markets of Asia/Pacific region. The fund invests in stocks of companies operating across robotics and artificial intelligence sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Solactive Asia Robotics & Artificial Intelligence Index, by using representative sampling technique.