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

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 43,931 shares, a growth of 16,231.2% from the August 31st total of 269 shares. Based on an average daily trading volume, of 25,110 shares, the short-interest ratio is currently 1.7 days. Approximately 8.8% of the company’s stock are short sold.

Global X AgTech & Food Innovation ETF Price Performance

KROP traded down $0.72 during midday trading on Thursday, hitting $36.37. 6,911 shares of the company’s stock traded hands, compared to its average volume of 5,048. The company has a market cap of $18.19 million, a PE ratio of 19.65 and a beta of 0.88. The stock’s fifty day simple moving average is $36.40 and its 200-day simple moving average is $35.38. Global X AgTech & Food Innovation ETF has a one year low of $29.05 and a one year high of $39.99.

Global X AgTech & Food Innovation ETF Dividend Announcement

The business also recently declared a semiannual dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th were paid a dividend of $0.1352 per share. This represents a dividend yield of 77.0%. The ex-dividend date was Monday, June 29th.

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.