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

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 900 shares, a decline of 88.3% from the September 30th total of 7,700 shares. Based on an average daily trading volume, of 2,400 shares, the days-to-cover ratio is currently 0.4 days.

Global X AgTech & Food Innovation ETF Stock Down 0.2 %

Global X AgTech & Food Innovation ETF stock traded down $0.02 during trading hours on Friday, hitting $10.28. The stock had a trading volume of 3,292 shares, compared to its average volume of 3,015. The business’s 50 day simple moving average is $10.30 and its 200-day simple moving average is $10.35. Global X AgTech & Food Innovation ETF has a one year low of $9.36 and a one year high of $11.34. The stock has a market cap of $4.63 million, a price-to-earnings ratio of 8.59 and a beta of 1.06.

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.