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

Global X Conscious Companies ETF (NASDAQ:KRMA) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 6,112 shares, a drop of 20.7% from the December 15th total of 7,706 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 110,490 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 110,490 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the company’s shares are sold short.

Global X Conscious Companies ETF Price Performance

Shares of KRMA traded down $0.08 during midday trading on Monday, hitting $43.87. The stock had a trading volume of 2,591 shares, compared to its average volume of 5,781. The stock’s 50 day moving average is $43.94 and its 200 day moving average is $42.93. The firm has a market cap of $112.75 million, a PE ratio of 22.63 and a beta of 1.01. Global X Conscious Companies ETF has a 1 year low of $31.96 and a 1 year high of $44.99.

Global X Conscious Companies ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were paid a dividend of $0.9656 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 441.0%.

Hedge Funds Weigh In On Global X Conscious Companies ETF

Several hedge funds have recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new stake in Global X Conscious Companies ETF in the second quarter worth $26,000. Farther Finance Advisors LLC boosted its holdings in shares of Global X Conscious Companies ETF by 35.1% in the second quarter. Farther Finance Advisors LLC now owns 1,539 shares of the company’s stock valued at $62,000 after purchasing an additional 400 shares during the period. JPMorgan Chase & Co. purchased a new stake in shares of Global X Conscious Companies ETF in the third quarter valued at approximately $155,000. HBW Advisory Services LLC grew its stake in Global X Conscious Companies ETF by 9.3% in the third quarter. HBW Advisory Services LLC now owns 5,468 shares of the company’s stock worth $236,000 after purchasing an additional 464 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV purchased a new position in Global X Conscious Companies ETF during the 3rd quarter worth $276,000.

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.