KraneShares MSCI One Belt One Road ETF (NYSEARCA:OBOR) Stock Price Down 1.6% – Here’s Why

KraneShares MSCI One Belt One Road ETF (NYSEARCA:OBORGet Free Report) shares fell 1.6% during mid-day trading on Wednesday . The stock traded as low as $22.71 and last traded at $22.86. 1,500 shares traded hands during trading, an increase of 41% from the average session volume of 1,061 shares. The stock had previously closed at $23.24.

KraneShares MSCI One Belt One Road ETF Trading Up 0.4 %

The business’s 50 day moving average price is $22.17 and its two-hundred day moving average price is $21.83. The stock has a market cap of $4.62 million, a P/E ratio of 8.24 and a beta of 0.56.

KraneShares MSCI One Belt One Road ETF Company Profile

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The KraneShares MSCI One Belt One Road Index ETF (OBOR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-selected, tier-weighted index of companies likely to benefit from China’s One Belt, One Road initiative. OBOR was launched on Sep 7, 2017 and is managed by KraneShares.

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