Global X Conscious Companies ETF (NASDAQ:KRMA) Sees Significant Drop in Short Interest

Global X Conscious Companies ETF (NASDAQ:KRMA) was the target of a large decline in short interest in October. As of October 15th, there was short interest totalling 800 shares, a decline of 90.4% from the September 30th total of 8,300 shares. Based on an average daily volume of 28,400 shares, the days-to-cover ratio is currently 0.0 days.

Global X Conscious Companies ETF Trading Down 0.2 %

KRMA stock traded down $0.09 on Friday, hitting $39.05. 938 shares of the company’s stock traded hands, compared to its average volume of 19,071. The stock has a market cap of $647.45 million, a price-to-earnings ratio of 24.99 and a beta of 1.03. Global X Conscious Companies ETF has a 1-year low of $28.57 and a 1-year high of $39.69. The stock has a fifty day moving average of $38.56 and a 200-day moving average of $37.16.

Hedge Funds Weigh In On Global X Conscious Companies ETF

A number of hedge funds have recently modified their holdings of KRMA. Cetera Advisors LLC acquired a new position in shares of Global X Conscious Companies ETF in the 1st quarter valued at $1,278,000. Northwestern Mutual Wealth Management Co. lifted its stake in Global X Conscious Companies ETF by 30.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,418 shares of the company’s stock valued at $52,000 after buying an additional 328 shares in the last quarter. Daiwa Securities Group Inc. boosted its holdings in shares of Global X Conscious Companies ETF by 3.2% in the second quarter. Daiwa Securities Group Inc. now owns 13,123,226 shares of the company’s stock worth $485,297,000 after buying an additional 401,337 shares during the period. Eagle Strategies LLC purchased a new position in shares of Global X Conscious Companies ETF in the second quarter worth approximately $224,000. Finally, Syntegra Private Wealth Group LLC raised its holdings in shares of Global X Conscious Companies ETF by 19.0% during the third quarter. Syntegra Private Wealth Group LLC now owns 12,217 shares of the company’s stock valued at $478,000 after acquiring an additional 1,948 shares during the period.

Global X Conscious Companies ETF Company Profile

The Global X Conscious Companies ETF (KRMA) is an exchange-traded fund that is based on the Concinnity Conscious Companies GTR index. The fund tracks an equal-weighted index composed of U.S.-listed companies that exhibit environmental, social, and corporate governance (ESG) characteristics. KRMA was launched on Jul 11, 2016 and is managed by Global X.