Short Interest in Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Decreases By 44.2%

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) saw a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 2,167 shares, a decrease of 44.2% from the February 12th total of 3,885 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average daily volume of 2,207 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 2,207 shares, the short-interest ratio is presently 1.0 days. Approximately 1.2% of the shares of the company are short sold.

Global X AgTech & Food Innovation ETF Stock Performance

Shares of NASDAQ KROP traded up $0.16 during midday trading on Thursday, hitting $35.56. The company’s stock had a trading volume of 2,786 shares, compared to its average volume of 2,633. Global X AgTech & Food Innovation ETF has a 1-year low of $26.76 and a 1-year high of $36.97. The firm’s fifty day moving average price is $34.06 and its 200-day moving average price is $32.23. The firm has a market cap of $6.40 million, a P/E ratio of 19.65 and a beta of 0.97.

Global X AgTech & Food Innovation ETF Dividend Announcement

The business 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. This represents a yield of 401.0%. The ex-dividend date was Tuesday, December 30th.

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

Several institutional investors have recently made changes to their positions in KROP. Jane Street Group LLC raised its position in shares of Global X AgTech & Food Innovation ETF by 112.0% during 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. boosted its position in Global X AgTech & Food Innovation ETF by 12.2% during the 2nd 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 period. Osaic Holdings Inc. grew its stake in Global X AgTech & Food Innovation ETF by 49.7% during the 2nd quarter. Osaic Holdings Inc. now owns 3,226 shares of the company’s stock worth $35,000 after buying an additional 1,071 shares during the last quarter. Finally, CIBC Private Wealth Group LLC bought a new position in Global X AgTech & Food Innovation ETF during the 4th quarter worth $25,000.

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.