KraneShares CSI China Internet ETF (KWEB) Short Interest Up 56.5% in September

KraneShares CSI China Internet ETF (NYSEARCA:KWEB) was the target of a significant increase in short interest in the month of September. As of September 28th, there was short interest totalling 1,439,244 shares, an increase of 56.5% from the September 14th total of 919,412 shares. Based on an average daily trading volume, of 1,504,143 shares, the days-to-cover ratio is currently 1.0 days.

Institutional investors have recently made changes to their positions in the company. Blair William & Co. IL acquired a new stake in shares of KraneShares CSI China Internet ETF in the first quarter valued at $169,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of KraneShares CSI China Internet ETF during the second quarter valued at $190,000. Hsbc Holdings PLC purchased a new stake in shares of KraneShares CSI China Internet ETF during the first quarter valued at $233,000. Pension Partners LLC purchased a new stake in shares of KraneShares CSI China Internet ETF during the second quarter valued at $242,000. Finally, First Republic Investment Management Inc. lifted its holdings in shares of KraneShares CSI China Internet ETF by 45.8% during the second quarter. First Republic Investment Management Inc. now owns 6,144 shares of the company’s stock valued at $366,000 after purchasing an additional 1,929 shares during the last quarter.

Shares of KraneShares CSI China Internet ETF stock opened at $41.38 on Friday. KraneShares CSI China Internet ETF has a fifty-two week low of $41.27 and a fifty-two week high of $68.39.

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