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

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 1,684 shares, a drop of 86.7% from the May 31st total of 12,641 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average trading volume of 4,507 shares, the days-to-cover ratio is presently 0.4 days.

Global X AgTech & Food Innovation ETF Stock Performance

Shares of Global X AgTech & Food Innovation ETF stock traded up $0.23 during trading hours on Friday, hitting $35.04. The company’s stock had a trading volume of 1,222 shares, compared to its average volume of 3,437. Global X AgTech & Food Innovation ETF has a twelve month low of $29.05 and a twelve month high of $36.97. The firm has a fifty day moving average of $34.80 and a 200-day moving average of $34.04. The stock has a market cap of $9.11 million, a price-to-earnings ratio of 19.65 and a beta of 0.88.

Institutional Trading of Global X AgTech & Food Innovation ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC raised its holdings 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 buying an additional 12,079 shares during the period. Osaic Holdings Inc. boosted its stake 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. Finally, CIBC Private Wealth Group LLC purchased a new position in Global X AgTech & Food Innovation ETF during the fourth quarter worth about $25,000.

About Global X AgTech & Food Innovation ETF

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.