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

KraneShares CSI China Internet ETF (NYSE:KWEB) was the recipient of a large decline in short interest in 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 trading volume of 19,737,000 shares, the short-interest ratio is currently 1.2 days.

KraneShares CSI China Internet ETF Stock Up 3.1 %

NYSE KWEB traded up $0.87 on Friday, reaching $29.38. The company had a trading volume of 34,268,730 shares, compared to its average volume of 15,112,902. The firm has a 50-day moving average of $30.17 and a 200-day moving average of $29.38. KraneShares CSI China Internet ETF has a 1 year low of $22.68 and a 1 year high of $39.17.

Hedge Funds Weigh In On KraneShares CSI China Internet ETF

A number of institutional investors have recently added to or reduced their stakes in KWEB. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of KraneShares CSI China Internet ETF during the third quarter worth about $282,366,000. Temasek Holdings Private Ltd grew its stake in KraneShares CSI China Internet ETF by 25.7% during the 3rd quarter. Temasek Holdings Private Ltd now owns 2,793,900 shares of the company’s stock valued at $95,048,000 after purchasing an additional 572,100 shares in the last quarter. Mount Lucas Management LP boosted its stake in shares of KraneShares CSI China Internet ETF by 136.8% during the 3rd quarter. Mount Lucas Management LP now owns 1,385,000 shares of the company’s stock valued at $47,118,000 after buying an additional 800,000 shares during the last quarter. Coalescence Partners Investment Management LP acquired a new stake in shares of KraneShares CSI China Internet ETF during the third quarter worth approximately $47,048,000. Finally, SG Americas Securities LLC increased its stake in shares of KraneShares CSI China Internet ETF by 739.8% in the third quarter. SG Americas Securities LLC now owns 940,092 shares of the company’s stock worth $31,982,000 after buying an additional 828,151 shares during the last quarter.