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

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) was the recipient of a significant drop in short interest in February. As of February 27th, there was short interest totaling 2,167 shares, a drop of 44.2% from the February 12th total of 3,885 shares. Based on an average daily volume of 2,207 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.2% of the shares of the stock are sold short. Approximately 1.2% of the shares of the stock are sold short. Based on an average daily volume of 2,207 shares, the days-to-cover ratio is currently 1.0 days.

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

A number of hedge funds and other institutional investors have recently modified their holdings of KROP. CIBC Private Wealth Group LLC purchased a new position in Global X AgTech & Food Innovation ETF during the fourth quarter valued at $25,000. Osaic Holdings Inc. lifted its stake in Global X AgTech & Food Innovation ETF by 49.7% in the 2nd quarter. Osaic Holdings Inc. now owns 3,226 shares of the company’s stock worth $35,000 after purchasing an additional 1,071 shares in the last quarter. Menora Mivtachim Holdings LTD. lifted its stake in Global X AgTech & Food Innovation ETF by 12.2% in the 2nd quarter. Menora Mivtachim Holdings LTD. now owns 16,696 shares of the company’s stock worth $179,000 after purchasing an additional 1,817 shares in the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of Global X AgTech & Food Innovation ETF by 112.0% during the 1st 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 Stock Down 1.2%

NASDAQ KROP traded down $0.41 during trading hours on Friday, reaching $35.23. The company’s stock had a trading volume of 22,607 shares, compared to its average volume of 3,061. The firm’s 50-day moving average price is $34.25 and its 200-day moving average price is $32.26. Global X AgTech & Food Innovation ETF has a 1 year low of $26.76 and a 1 year high of $36.97. The company has a market capitalization of $6.34 million, a price-to-earnings ratio of 19.65 and a beta of 0.97.

Global X AgTech & Food Innovation ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were given a dividend of $0.6108 per share. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 401.0%.

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.