Short Interest in Global X Conscious Companies ETF (NASDAQ:KRMA) Declines By 43.7%

Global X Conscious Companies ETF (NASDAQ:KRMA) saw a significant decrease in short interest in January. As of January 15th, there was short interest totaling 3,444 shares, a decrease of 43.7% from the December 31st total of 6,112 shares. Based on an average daily volume of 6,132 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 6,132 shares, the days-to-cover ratio is presently 0.6 days.

Hedge Funds Weigh In On Global X Conscious Companies ETF

A number of hedge funds and other institutional investors have recently modified their holdings of KRMA. Daiwa Securities Group Inc. increased its holdings in Global X Conscious Companies ETF by 4.3% during the second quarter. Daiwa Securities Group Inc. now owns 12,175,791 shares of the company’s stock valued at $491,658,000 after buying an additional 500,461 shares during the period. Elevation Capital Advisory LLC purchased a new position in shares of Global X Conscious Companies ETF in the 3rd quarter valued at $8,296,000. Royal Bank of Canada raised its position in shares of Global X Conscious Companies ETF by 3.0% in the 1st quarter. Royal Bank of Canada now owns 41,078 shares of the company’s stock worth $1,531,000 after acquiring an additional 1,193 shares in the last quarter. Kingsview Wealth Management LLC lifted its stake in shares of Global X Conscious Companies ETF by 4.0% during the 3rd quarter. Kingsview Wealth Management LLC now owns 32,082 shares of the company’s stock worth $1,384,000 after purchasing an additional 1,237 shares during the last quarter. Finally, Wealthfront Advisers LLC lifted its stake in shares of Global X Conscious Companies ETF by 6.9% during the 4th quarter. Wealthfront Advisers LLC now owns 27,059 shares of the company’s stock worth $1,175,000 after purchasing an additional 1,745 shares during the last quarter.

Global X Conscious Companies ETF Stock Performance

NASDAQ KRMA traded down $0.15 on Friday, reaching $43.78. 2,028 shares of the stock traded hands, compared to its average volume of 4,446. Global X Conscious Companies ETF has a 12 month low of $31.96 and a 12 month high of $44.99. The company has a market cap of $112.51 million, a price-to-earnings ratio of 22.63 and a beta of 1.01. The company has a fifty day moving average price of $44.07 and a 200-day moving average price of $43.12.

Global X Conscious Companies ETF Dividend Announcement

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

About Global X Conscious Companies ETF

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.