Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Short Interest Update

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 11,000 shares, a decline of 16.0% from the February 28th total of 13,100 shares. Currently, 1.3% of the shares of the company are short sold. Based on an average daily volume of 11,000 shares, the short-interest ratio is currently 1.0 days.

Institutional Trading of Global X AgTech & Food Innovation ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC purchased a new stake in Global X AgTech & Food Innovation ETF in the 4th quarter worth $104,000. GTS Securities LLC bought a new stake in shares of Global X AgTech & Food Innovation ETF in the fourth quarter worth about $109,000. Finally, Menora Mivtachim Holdings LTD. lifted its position in shares of Global X AgTech & Food Innovation ETF by 48.3% in the fourth quarter. Menora Mivtachim Holdings LTD. now owns 14,937 shares of the company’s stock worth $144,000 after buying an additional 4,863 shares in the last quarter.

Global X AgTech & Food Innovation ETF Trading Down 0.4 %

NASDAQ KROP traded down $0.04 during trading hours on Wednesday, hitting $10.06. 924 shares of the company’s stock traded hands, compared to its average volume of 4,825. Global X AgTech & Food Innovation ETF has a 52 week low of $9.36 and a 52 week high of $11.34. The business’s fifty day moving average price is $10.21 and its two-hundred day moving average price is $10.19. The firm has a market capitalization of $4.43 million, a P/E ratio of 19.63 and a beta of 1.06.

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.