Short Interest in AXS Knowledge Leaders ETF (NYSEARCA:KNO) Drops By 78.3%

AXS Knowledge Leaders ETF (NYSEARCA:KNO) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 18 shares, a decline of 78.3% from the August 15th total of 83 shares. Based on an average daily trading volume, of 944 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Trading of AXS Knowledge Leaders ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE purchased a new stake in shares of AXS Knowledge Leaders ETF during the 4th quarter worth about $51,000. Raymond James Financial Inc. purchased a new position in shares of AXS Knowledge Leaders ETF in the 2nd quarter valued at about $209,000. HB Wealth Management LLC acquired a new position in AXS Knowledge Leaders ETF in the 2nd quarter worth about $360,000. OLD Mission Capital LLC raised its holdings in AXS Knowledge Leaders ETF by 5.4% in the 4th quarter. OLD Mission Capital LLC now owns 24,570 shares of the company’s stock worth $1,260,000 after purchasing an additional 1,252 shares during the period. Finally, Jane Street Group LLC boosted its position in AXS Knowledge Leaders ETF by 126.4% during the second quarter. Jane Street Group LLC now owns 28,395 shares of the company’s stock worth $1,391,000 after purchasing an additional 15,854 shares in the last quarter.

AXS Knowledge Leaders ETF Price Performance

AXS Knowledge Leaders ETF stock traded up $0.48 during midday trading on Friday, reaching $62.47. The company’s stock had a trading volume of 117 shares, compared to its average volume of 687. The stock’s 50-day simple moving average is $63.28 and its 200-day simple moving average is $59.82. AXS Knowledge Leaders ETF has a 52-week low of $48.97 and a 52-week high of $65.24. The stock has a market capitalization of $43.73 million, a P/E ratio of 20.49 and a beta of 0.91.

About AXS Knowledge Leaders ETF

The AXS Knowledge Leaders ETF (KNO) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in highly innovative companies from developed markets. KNO was launched on Jul 7, 2015 and is issued by AXS Investments.