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

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totaling 73 shares, a decrease of 85.9% from the December 15th total of 516 shares. Based on an average daily trading volume, of 669 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 669 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Osaic Holdings Inc. increased its position in Global X AgTech & Food Innovation ETF by 49.7% during the second quarter. Osaic Holdings Inc. now owns 3,226 shares of the company’s stock worth $35,000 after buying an additional 1,071 shares during the period. Menora Mivtachim Holdings LTD. boosted its holdings in shares of Global X AgTech & Food Innovation ETF by 12.2% in the second quarter. Menora Mivtachim Holdings LTD. now owns 16,696 shares of the company’s stock valued at $179,000 after acquiring an additional 1,817 shares during the period. Finally, Jane Street Group LLC grew its position in shares of Global X AgTech & Food Innovation ETF by 112.0% during the first quarter. Jane Street Group LLC now owns 22,862 shares of the company’s stock worth $227,000 after acquiring an additional 12,079 shares during the last quarter.

Global X AgTech & Food Innovation ETF Trading Up 0.2%

NASDAQ:KROP traded up $0.06 during midday trading on Monday, hitting $31.90. 2,755 shares of the company were exchanged, compared to its average volume of 4,279. The company has a fifty day simple moving average of $30.91 and a 200 day simple moving average of $31.59. Global X AgTech & Food Innovation ETF has a fifty-two week low of $26.76 and a fifty-two week high of $34.50. The company has a market capitalization of $6.38 million, a PE ratio of 19.65 and a beta of 0.97.

Global X AgTech & Food Innovation ETF Dividend Announcement

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

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.