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

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

Global X AgTech & Food Innovation ETF Trading Down 2.1%

NASDAQ:KROP traded down $0.74 during trading hours on Friday, hitting $34.67. The company’s stock had a trading volume of 5,938 shares, compared to its average volume of 4,937. The stock has a market capitalization of $17.34 million, a P/E ratio of 19.65 and a beta of 0.89. The stock has a fifty day moving average of $36.52 and a 200-day moving average of $35.47. Global X AgTech & Food Innovation ETF has a 52-week low of $29.05 and a 52-week 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.