Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Short Interest Down 78.1% in December

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) saw a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 516 shares, a decrease of 78.1% from the November 30th total of 2,353 shares. Based on an average daily volume of 827 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 827 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Menora Mivtachim Holdings LTD. increased its holdings in Global X AgTech & Food Innovation ETF by 12.2% in the second quarter. Menora Mivtachim Holdings LTD. now owns 16,696 shares of the company’s stock valued at $179,000 after purchasing an additional 1,817 shares during the last quarter. Osaic Holdings Inc. increased its stake in shares of Global X AgTech & Food Innovation ETF by 49.7% in the 2nd quarter. Osaic Holdings Inc. now owns 3,226 shares of the company’s stock valued at $35,000 after acquiring an additional 1,071 shares during the last quarter. Finally, Jane Street Group LLC raised its position in shares of Global X AgTech & Food Innovation ETF by 112.0% in the 1st quarter. Jane Street Group LLC now owns 22,862 shares of the company’s stock valued at $227,000 after acquiring an additional 12,079 shares during the period.

Global X AgTech & Food Innovation ETF Trading Down 0.6%

Shares of KROP traded down $0.18 on Friday, reaching $30.92. 686 shares of the company’s stock were exchanged, compared to its average volume of 2,117. The business has a 50 day moving average price of $30.96 and a two-hundred day moving average price of $31.70. Global X AgTech & Food Innovation ETF has a 12 month low of $26.76 and a 12 month high of $34.50. The stock has a market capitalization of $8.66 million, a P/E ratio of 19.65 and a beta of 0.97.

About Global X AgTech & Food Innovation ETF

The Global X AgTech & Food Innovation ETF (KROP) is an exchange-traded fund that is based on the Solactive AgTech & Food Innovation index. The fund passively invests in global companies related to advancing innovation and technologies in the agricultural and food industry space. KROP was launched on Jul 12, 2021 and is managed by Global X.