Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Short Interest Down 62.4% in January

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) was the target of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 314 shares, a drop of 62.4% from the January 15th total of 834 shares. Based on an average daily volume of 1,344 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 1,344 shares, the short-interest ratio is currently 0.2 days.

Global X AgTech & Food Innovation ETF Trading Up 0.1%

Shares of KROP traded up $0.02 during mid-day trading on Friday, reaching $35.88. The company’s stock had a trading volume of 5,618 shares, compared to its average volume of 2,497. Global X AgTech & Food Innovation ETF has a 1-year low of $26.76 and a 1-year high of $36.97. The stock has a market cap of $6.46 million, a P/E ratio of 19.65 and a beta of 0.97. The business has a 50-day simple moving average of $32.25 and a two-hundred day simple moving average of $31.76.

Global X AgTech & Food Innovation ETF Announces Dividend

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. CIBC Private Wealth Group LLC acquired a new stake in Global X AgTech & Food Innovation ETF during the fourth quarter worth approximately $25,000. Osaic Holdings Inc. lifted its holdings in Global X AgTech & Food Innovation ETF by 49.7% during the 2nd quarter. Osaic Holdings Inc. now owns 3,226 shares of the company’s stock worth $35,000 after purchasing an additional 1,071 shares during the last quarter. Menora Mivtachim Holdings LTD. boosted its stake in Global X AgTech & Food Innovation ETF by 12.2% in the 2nd quarter. Menora Mivtachim Holdings LTD. now owns 16,696 shares of the company’s stock valued at $179,000 after purchasing an additional 1,817 shares during the period. Finally, Jane Street Group LLC boosted its stake in Global X AgTech & Food Innovation ETF by 112.0% in the 1st quarter. Jane Street Group LLC now owns 22,862 shares of the company’s stock valued at $227,000 after purchasing an additional 12,079 shares during the period.

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.