Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Short Interest Down 85.9% in December

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) saw a large decline in short interest in December. As of December 31st, there was short interest totaling 73 shares, a decline of 85.9% from the December 15th total of 516 shares. Based on an average trading volume of 669 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 669 shares, the short-interest ratio is currently 0.1 days.

Global X AgTech & Food Innovation ETF Price Performance

Shares of KROP traded up $0.06 during midday trading on Monday, reaching $31.90. The stock had a trading volume of 2,755 shares, compared to its average volume of 4,279. Global X AgTech & Food Innovation ETF has a 1-year low of $26.76 and a 1-year high of $34.50. The company’s fifty day simple moving average is $30.91 and its two-hundred day simple moving average is $31.59. The company has a market cap of $6.38 million, a price-to-earnings ratio of 19.65 and a beta of 0.97.

Global X AgTech & Food Innovation ETF Announces Dividend

The firm also recently declared 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 yield of 401.0%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. raised its position in shares of 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 acquiring an additional 1,071 shares in the last quarter. Menora Mivtachim Holdings LTD. boosted its holdings in 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 valued at $179,000 after purchasing an additional 1,817 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in Global X AgTech & Food Innovation ETF by 112.0% in the first quarter. Jane Street Group LLC now owns 22,862 shares of the company’s stock valued at $227,000 after purchasing an additional 12,079 shares during the last quarter.

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.