Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Short Interest Update

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 11,007 shares, an increase of 120.2% from the April 30th total of 4,998 shares. Approximately 4.2% of the company’s shares are sold short. Based on an average daily trading volume, of 2,964 shares, the short-interest ratio is presently 3.7 days.

Global X AgTech & Food Innovation ETF Price Performance

NASDAQ KROP traded down $0.28 on Friday, hitting $34.89. 1,359 shares of the company were exchanged, compared to its average volume of 3,455. The company’s 50 day moving average price is $34.88 and its 200-day moving average price is $33.54. The firm has a market capitalization of $9.07 million, a P/E ratio of 19.65 and a beta of 0.90. Global X AgTech & Food Innovation ETF has a twelve month low of $29.05 and a twelve month high of $36.97.

Institutional Trading of Global X AgTech & Food Innovation ETF

Several large investors have recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC acquired a new stake in Global X AgTech & Food Innovation ETF during the 4th quarter valued at $25,000. Osaic Holdings Inc. raised its stake 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 valued at $35,000 after purchasing an additional 1,071 shares during the period. Finally, Jane Street Group LLC raised its stake in Global X AgTech & Food Innovation ETF by 112.0% during 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.