Global X Conscious Companies ETF (NASDAQ:KRMA) Sees Significant Drop in Short Interest

Global X Conscious Companies ETF (NASDAQ:KRMA) was the recipient of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 1,935 shares, a drop of 32.4% from the January 29th total of 2,863 shares. Based on an average daily volume of 3,503 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 3,503 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of Global X Conscious Companies ETF

A number of institutional investors have recently bought and sold shares of the business. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Global X Conscious Companies ETF by 13.8% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,276 shares of the company’s stock valued at $316,000 after purchasing an additional 885 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Global X Conscious Companies ETF by 153.5% in the 4th quarter. Royal Bank of Canada now owns 99,820 shares of the company’s stock valued at $4,334,000 after purchasing an additional 60,441 shares in the last quarter. Stifel Financial Corp grew its holdings in shares of Global X Conscious Companies ETF by 2.7% in the 4th quarter. Stifel Financial Corp now owns 19,205 shares of the company’s stock worth $834,000 after acquiring an additional 500 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Global X Conscious Companies ETF by 199.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 14,257 shares of the company’s stock worth $619,000 after buying an additional 9,501 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Global X Conscious Companies ETF by 10,467.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 115,189 shares of the company’s stock valued at $5,002,000 after buying an additional 114,099 shares in the last quarter.

Global X Conscious Companies ETF Stock Performance

Shares of Global X Conscious Companies ETF stock traded down $0.25 during trading hours on Tuesday, hitting $43.29. The company’s stock had a trading volume of 3,107 shares, compared to its average volume of 3,975. The firm has a fifty day moving average of $43.79 and a 200-day moving average of $43.44. Global X Conscious Companies ETF has a twelve month low of $31.96 and a twelve month high of $44.99. The stock has a market cap of $117.75 million, a price-to-earnings ratio of 22.63 and a beta of 1.01.

Global X Conscious Companies ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were paid a $0.9656 dividend. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 441.0%.

About Global X Conscious Companies ETF

The Global X Conscious Companies ETF (KRMA) is an exchange-traded fund that is based on the Concinnity Conscious Companies GTR index. The fund tracks an equal-weighted index composed of U.S.-listed companies that exhibit environmental, social, and corporate governance (ESG) characteristics. KRMA was launched on Jul 11, 2016 and is managed by Global X.