KraneShares CSI China Internet ETF (NYSE:KWEB) Short Interest Down 37.1% in December

KraneShares CSI China Internet ETF (NYSE:KWEB) saw a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 22,830,000 shares, a decline of 37.1% from the December 15th total of 36,270,000 shares. Based on an average daily trading volume, of 19,737,000 shares, the short-interest ratio is presently 1.2 days.

Institutional Trading of KraneShares CSI China Internet ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted its holdings in KraneShares CSI China Internet ETF by 15.5% during the second quarter. EverSource Wealth Advisors LLC now owns 5,311 shares of the company’s stock worth $141,000 after buying an additional 711 shares in the last quarter. Mather Group LLC. grew its holdings in shares of KraneShares CSI China Internet ETF by 63.8% in the 3rd quarter. Mather Group LLC. now owns 2,000 shares of the company’s stock worth $68,000 after acquiring an additional 779 shares during the last quarter. Atria Investments Inc raised its position in shares of KraneShares CSI China Internet ETF by 9.4% during the third quarter. Atria Investments Inc now owns 10,823 shares of the company’s stock worth $368,000 after purchasing an additional 926 shares during the period. M&R Capital Management Inc. purchased a new stake in shares of KraneShares CSI China Internet ETF during the third quarter valued at $34,000. Finally, FMR LLC boosted its position in shares of KraneShares CSI China Internet ETF by 51.1% in the 3rd quarter. FMR LLC now owns 3,409 shares of the company’s stock valued at $116,000 after purchasing an additional 1,153 shares during the period.

KraneShares CSI China Internet ETF Trading Up 3.2 %

KWEB stock traded up $0.92 during trading on Friday, reaching $29.43. 27,354,183 shares of the company’s stock were exchanged, compared to its average volume of 14,462,597. KraneShares CSI China Internet ETF has a 1-year low of $22.68 and a 1-year high of $39.17. The company’s fifty day moving average price is $30.17 and its 200-day moving average price is $29.38.