Short Interest in Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Drops By 98.6%

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) saw a large decline in short interest in February. As of February 15th, there was short interest totalling 12,600 shares, a decline of 98.6% from the January 31st total of 873,900 shares. Based on an average daily trading volume, of 10,000 shares, the days-to-cover ratio is currently 1.3 days.

Global X AgTech & Food Innovation ETF Trading Up 0.1 %

Shares of NASDAQ:KROP opened at $10.20 on Friday. The company has a 50 day moving average of $10.06 and a 200-day moving average of $10.19. The firm has a market cap of $4.49 million, a P/E ratio of 16.45 and a beta of 1.06. Global X AgTech & Food Innovation ETF has a twelve month low of $9.36 and a twelve month high of $11.34.

Global X AgTech & Food Innovation ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were paid a dividend of $0.1005 per share. The ex-dividend date was Monday, December 30th.

Hedge Funds Weigh In On Global X AgTech & Food Innovation ETF

Hedge funds have recently modified their holdings of the company. Menora Mivtachim Holdings LTD. lifted its holdings in shares of Global X AgTech & Food Innovation ETF by 48.3% in the fourth quarter. Menora Mivtachim Holdings LTD. now owns 14,937 shares of the company’s stock valued at $144,000 after buying an additional 4,863 shares during the period. Jane Street Group LLC bought a new stake in Global X AgTech & Food Innovation ETF in the fourth quarter worth about $104,000. Finally, GTS Securities LLC acquired a new stake in Global X AgTech & Food Innovation ETF in the 4th quarter valued at about $109,000.

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.