Krane Shares China Credit Index ETF (NYSEARCA:KBND) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Krane Shares China Credit Index ETF (NYSEARCA:KBNDGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $31.39 and traded as low as $31.39. Krane Shares China Credit Index ETF shares last traded at $31.39, with a volume of 100 shares traded.

Krane Shares China Credit Index ETF Stock Performance

The stock has a 50 day simple moving average of $31.39 and a two-hundred day simple moving average of $31.39.

About Krane Shares China Credit Index ETF

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The Krane Shares China Credit Index ETF (KBND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund passively invests in Chinese RMB-denominated fixed income securities, and fixed allocations to various sectors. KBND was launched on Dec 2, 2014 and is managed by KraneShares.

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