Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Short Interest Up 48.6% in July

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 373 shares, an increase of 48.6% from the July 15th total of 251 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 1,292 shares, the days-to-cover ratio is presently 0.3 days.

Global X AgTech & Food Innovation ETF Stock Down 0.1%

Shares of Global X AgTech & Food Innovation ETF stock traded down $0.05 on Wednesday, hitting $34.90. The stock had a trading volume of 1,937 shares, compared to its average volume of 3,033. Global X AgTech & Food Innovation ETF has a one year low of $29.05 and a one year high of $36.97. The stock’s 50-day simple moving average is $34.94 and its two-hundred day simple moving average is $34.97. The stock has a market cap of $9.07 million, a price-to-earnings ratio of 19.65 and a beta of 0.87.

Global X AgTech & Food Innovation ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were given a dividend of $0.1352 per share. The ex-dividend date of this dividend was Monday, June 29th.

Hedge Funds Weigh In On Global X AgTech & Food Innovation ETF

A number of hedge funds have recently modified their holdings of KROP. CIBC Private Wealth Group LLC purchased a new stake in Global X AgTech & Food Innovation ETF in the fourth quarter worth $25,000. Osaic Holdings Inc. raised its holdings in Global X AgTech & Food Innovation ETF by 49.7% in 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 in the last quarter. Finally, Jane Street Group LLC lifted its position in shares of 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 worth $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.