Short Interest in Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Increases By 48.6%

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 373 shares, a growth of 48.6% from the July 15th total of 251 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 1,292 shares, the days-to-cover ratio is presently 0.3 days.

Global X AgTech & Food Innovation ETF Price Performance

Global X AgTech & Food Innovation ETF stock traded up $0.07 during midday trading on Tuesday, hitting $34.90. 1,899 shares of the stock were exchanged, compared to its average volume of 3,033. Global X AgTech & Food Innovation ETF has a 1 year low of $29.05 and a 1 year high of $36.97. The firm has a market cap of $9.07 million, a P/E ratio of 19.65 and a beta of 0.87. The company has a 50 day moving average price of $34.92 and a two-hundred day moving average price of $34.96.

Global X AgTech & Food Innovation ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were paid a dividend of $0.1352 per share. The ex-dividend date was Monday, June 29th.

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

Large investors have recently modified their holdings of the stock. Jane Street Group LLC grew 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 worth $227,000 after acquiring an additional 12,079 shares in the last quarter. Osaic Holdings Inc. lifted its stake in 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 worth $35,000 after purchasing an additional 1,071 shares during the last quarter. Finally, CIBC Private Wealth Group LLC acquired a new position in Global X AgTech & Food Innovation ETF in the fourth 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.