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

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

Global X AgTech & Food Innovation ETF Stock Up 0.1 %

Shares of NASDAQ KROP opened at $10.20 on Friday. The stock’s fifty day simple moving average is $10.06 and its 200 day simple moving average is $10.19. The stock has a market capitalization of $4.49 million, a price-to-earnings ratio of 16.45 and a beta of 1.06. Global X AgTech & Food Innovation ETF has a 52-week low of $9.36 and a 52-week high of $11.34.

Global X AgTech & Food Innovation ETF Announces Dividend

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

Institutional Trading of Global X AgTech & Food Innovation ETF

Hedge funds have recently bought and sold shares of the company. Menora Mivtachim Holdings LTD. increased its position 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 worth $144,000 after acquiring an additional 4,863 shares in the last quarter. GTS Securities LLC purchased a new stake in shares of Global X AgTech & Food Innovation ETF in the 4th quarter valued at approximately $109,000. Finally, Jane Street Group LLC acquired a new position in Global X AgTech & Food Innovation ETF in the 4th quarter worth approximately $104,000.

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.