Short Interest in KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) Increases By ∞

KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 87 shares, a growth of ∞ from the August 15th total of 0 shares. Based on an average daily volume of 1,906 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in KraneShares Emerging Markets Consumer Technology ETF stock. Tradition Wealth Management LLC raised its stake in shares of KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) by 89.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,903 shares of the company’s stock after purchasing an additional 7,970 shares during the period. Tradition Wealth Management LLC owned 0.99% of KraneShares Emerging Markets Consumer Technology ETF worth $417,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

KraneShares Emerging Markets Consumer Technology ETF Stock Down 1.2%

Shares of NYSEARCA:KEMQ opened at $25.06 on Tuesday. The firm has a fifty day simple moving average of $25.67 and a two-hundred day simple moving average of $24.89. KraneShares Emerging Markets Consumer Technology ETF has a 52 week low of $21.79 and a 52 week high of $28.47. The stock has a market capitalization of $25.06 million, a P/E ratio of 18.05 and a beta of 0.91.

KraneShares Emerging Markets Consumer Technology ETF Company Profile

The KraneShares Emerging Markets Consumer Technology Index ETF (KEMQ) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a committee-selected, tier-weighted index of 50 emerging market technology companies. KEMQ was launched on Oct 11, 2017 and is managed by KraneShares.