Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Sees Significant Increase in Short Interest

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 373 shares, an increase of 48.6% from the July 15th total of 251 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 1,292 shares, the days-to-cover ratio is currently 0.3 days.

Global X AgTech & Food Innovation ETF Trading Up 0.2%

NASDAQ KROP traded up $0.07 during trading hours on Tuesday, reaching $34.90. The company’s stock had a trading volume of 1,899 shares, compared to its average volume of 3,033. The business has a 50-day simple moving average of $34.92 and a 200 day simple moving average of $34.96. Global X AgTech & Food Innovation ETF has a 52 week low of $29.05 and a 52 week high of $36.97. The stock has a market cap of $9.07 million, a PE ratio of 19.65 and a beta of 0.87.

Global X AgTech & Food Innovation ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were issued a $0.1352 dividend. The ex-dividend date of this dividend was Monday, June 29th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC acquired a new stake in Global X AgTech & Food Innovation ETF in the fourth quarter worth $25,000. Osaic Holdings Inc. boosted its holdings in shares of Global X AgTech & Food Innovation ETF by 49.7% during the second quarter. Osaic Holdings Inc. now owns 3,226 shares of the company’s stock valued at $35,000 after acquiring an additional 1,071 shares during the period. Finally, Jane Street Group LLC grew its position in shares of Global X AgTech & Food Innovation ETF by 112.0% during the first quarter. Jane Street Group LLC now owns 22,862 shares of the company’s stock worth $227,000 after acquiring an additional 12,079 shares during the last quarter.

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.