Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Stock Short Interest Falls 89.6%

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 4,588 shares, a drop of 89.6% from the September 15th total of 43,931 shares. Approximately 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 3,521 shares, the days-to-cover ratio is presently 1.3 days.

Global X AgTech & Food Innovation ETF Stock Down 2.1%

Shares of KROP traded down $0.74 during trading on Friday, reaching $34.67. 5,938 shares of the company traded hands, compared to its average volume of 4,937. The stock has a 50-day simple moving average of $36.52 and a 200-day simple moving average of $35.48. The stock has a market cap of $17.34 million, a PE ratio of 19.65 and a beta of 0.89. Global X AgTech & Food Innovation ETF has a twelve month low of $29.05 and a twelve month high of $39.99.

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.