Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Short Interest Up 1,042.5% in January

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 834 shares, an increase of 1,042.5% from the December 31st total of 73 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 3,159 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 3,159 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.5% of the company’s shares are sold short.

Hedge Funds Weigh In On Global X AgTech & Food Innovation ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in KROP. Jane Street Group LLC raised its position in 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 worth $227,000 after purchasing an additional 12,079 shares during the period. Menora Mivtachim Holdings LTD. grew its stake in shares of 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 worth $179,000 after acquiring an additional 1,817 shares during the last quarter. Finally, Osaic Holdings Inc. increased its position in shares of Global X AgTech & Food Innovation ETF by 49.7% during the second 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 in the last quarter.

Global X AgTech & Food Innovation ETF Stock Performance

Shares of Global X AgTech & Food Innovation ETF stock traded up $0.06 during trading hours on Tuesday, reaching $33.20. The company’s stock had a trading volume of 816 shares, compared to its average volume of 2,183. The company has a market capitalization of $5.98 million, a P/E ratio of 19.65 and a beta of 0.97. Global X AgTech & Food Innovation ETF has a one year low of $26.76 and a one year high of $34.50. The stock’s fifty day simple moving average is $31.45 and its two-hundred day simple moving average is $31.61.

Global X AgTech & Food Innovation ETF Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were paid a $0.6108 dividend. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 401.0%.

Global X AgTech & Food Innovation ETF Company Profile

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.