Global X Conscious Companies ETF (NASDAQ:KRMA) Short Interest Down 49.5% in March

Global X Conscious Companies ETF (NASDAQ:KRMA) was the recipient of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 356 shares, a decrease of 49.5% from the March 15th total of 705 shares. Based on an average daily trading volume, of 2,053 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On Global X Conscious Companies ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Elevation Capital Advisory LLC bought a new stake in shares of Global X Conscious Companies ETF during the third quarter valued at about $8,296,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Global X Conscious Companies ETF by 10,467.8% during the fourth 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 during the period. Royal Bank of Canada increased its position in shares of Global X Conscious Companies ETF by 153.5% during the fourth quarter. Royal Bank of Canada now owns 99,820 shares of the company’s stock valued at $4,334,000 after buying an additional 60,441 shares during the period. Kingsview Wealth Management LLC increased its position in shares of Global X Conscious Companies ETF by 4.0% during the third quarter. Kingsview Wealth Management LLC now owns 32,082 shares of the company’s stock valued at $1,384,000 after buying an additional 1,237 shares during the period. Finally, Wealthfront Advisers LLC increased its position in shares of Global X Conscious Companies ETF by 6.9% during the fourth quarter. Wealthfront Advisers LLC now owns 27,059 shares of the company’s stock valued at $1,175,000 after buying an additional 1,745 shares during the period.

Global X Conscious Companies ETF Price Performance

Shares of KRMA traded up $0.65 during midday trading on Monday, hitting $43.56. 1,936 shares of the company traded hands, compared to its average volume of 3,430. The stock has a 50-day moving average of $42.72 and a 200-day moving average of $43.40. Global X Conscious Companies ETF has a one year low of $33.66 and a one year high of $44.99. The firm has a market cap of $111.08 million, a P/E ratio of 22.63 and a beta of 1.01.

Global X Conscious Companies ETF Company Profile

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.