KraneShares CSI China Internet ETF (NYSE:KWEB) Short Interest Update

KraneShares CSI China Internet ETF (NYSE:KWEB) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 47,930,000 shares, a growth of 105.8% from the January 15th total of 23,290,000 shares. Based on an average daily trading volume, of 19,768,600 shares, the short-interest ratio is presently 2.4 days.

Institutional Trading of KraneShares CSI China Internet ETF

A number of large investors have recently added to or reduced their stakes in KWEB. Menora Mivtachim Holdings LTD. increased its holdings in shares of KraneShares CSI China Internet ETF by 83.3% in the 4th quarter. Menora Mivtachim Holdings LTD. now owns 22,000 shares of the company’s stock worth $643,000 after buying an additional 10,000 shares during the last quarter. Quinn Opportunity Partners LLC purchased a new position in KraneShares CSI China Internet ETF in the fourth quarter worth about $256,000. DRW Securities LLC bought a new stake in KraneShares CSI China Internet ETF during the fourth quarter worth approximately $3,854,000. Raymond James Financial Inc. purchased a new stake in KraneShares CSI China Internet ETF during the fourth quarter valued at approximately $18,649,000. Finally, Advisory Services Network LLC lifted its stake in shares of KraneShares CSI China Internet ETF by 207.8% in the 4th quarter. Advisory Services Network LLC now owns 34,238 shares of the company’s stock valued at $1,001,000 after purchasing an additional 23,116 shares during the last quarter.

KraneShares CSI China Internet ETF Price Performance

Shares of KWEB stock traded up $0.60 during mid-day trading on Thursday, hitting $34.34. The company had a trading volume of 32,426,478 shares, compared to its average volume of 23,260,707. The stock’s 50 day moving average price is $30.35 and its 200-day moving average price is $29.89. KraneShares CSI China Internet ETF has a 52-week low of $24.49 and a 52-week high of $39.17.