Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Short Interest Down 44.2% in February

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

Global X AgTech & Food Innovation ETF Stock Performance

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

Global X AgTech & Food Innovation ETF Announces Dividend

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

Institutional Trading of Global X AgTech & Food Innovation ETF

Several institutional investors have recently bought and sold shares of KROP. Jane Street Group LLC raised its stake in 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 in the last quarter. Menora Mivtachim Holdings LTD. lifted its holdings in shares of Global X AgTech & Food Innovation ETF by 12.2% during the second quarter. Menora Mivtachim Holdings LTD. now owns 16,696 shares of the company’s stock valued at $179,000 after acquiring an additional 1,817 shares during the period. Osaic Holdings Inc. lifted 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, CIBC Private Wealth Group LLC bought a new position in shares of Global X AgTech & Food Innovation ETF during the fourth quarter valued at $25,000.

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.