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

Global X AgTech & Food Innovation ETF (NASDAQ:KROP – Get Free Report) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 251 shares, a decrease of 84.3% from the June 30th total of 1,603 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 1,394 shares, the days-to-cover ratio is currently 0.2 days.

Global X AgTech & Food Innovation ETF Stock Performance

Shares of NASDAQ KROP traded up $0.55 during mid-day trading on Friday, reaching $35.75. 2,629 shares of the company traded hands, compared to its average volume of 3,256. The company’s fifty day moving average is $34.79 and its two-hundred day moving average is $34.65. Global X AgTech & Food Innovation ETF has a fifty-two week low of $29.05 and a fifty-two week high of $36.97. The stock has a market cap of $9.29 million, a PE ratio of 19.65 and a beta of 0.87.

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Global X AgTech & Food Innovation ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were issued a $0.1352 dividend. The ex-dividend date was Monday, June 29th.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC boosted its position in shares of Global X AgTech & Food Innovation ETF by 112.0% during the 1st quarter. Jane Street Group LLC now owns 22,862 shares of the company’s stock valued at $227,000 after acquiring an additional 12,079 shares in the last quarter. Osaic Holdings Inc. grew its stake in shares of Global X AgTech & Food Innovation ETF by 49.7% in the 2nd quarter. Osaic Holdings Inc. now owns 3,226 shares of the company’s stock valued at $35,000 after purchasing an additional 1,071 shares during the period. Finally, CIBC Private Wealth Group LLC acquired a new position in shares of Global X AgTech & Food Innovation ETF in the 4th quarter worth approximately $25,000.

Global X AgTech & Food Innovation ETF Company Profile

(Get Free Report)

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.

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