Short Interest in Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Decreases By 62.4%

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) saw a large decrease in short interest in January. As of January 30th, there was short interest totaling 314 shares, a decrease of 62.4% from the January 15th total of 834 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 1,344 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 1,344 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Trading of Global X AgTech & Food Innovation ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC increased its stake in Global X AgTech & Food Innovation ETF by 112.0% in the first 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 during the last quarter. Menora Mivtachim Holdings LTD. boosted its stake in Global X AgTech & Food Innovation ETF by 12.2% in the second quarter. Menora Mivtachim Holdings LTD. now owns 16,696 shares of the company’s stock worth $179,000 after buying an additional 1,817 shares in the last quarter. Finally, Osaic Holdings Inc. grew its position in Global X AgTech & Food Innovation ETF by 49.7% during the second quarter. Osaic Holdings Inc. now owns 3,226 shares of the company’s stock valued at $35,000 after acquiring an additional 1,071 shares during the last quarter.

Global X AgTech & Food Innovation ETF Trading Up 1.7%

KROP stock opened at $35.16 on Wednesday. The firm has a 50 day moving average of $32.07 and a 200-day moving average of $31.70. The firm has a market capitalization of $6.33 million, a P/E ratio of 19.65 and a beta of 0.97. Global X AgTech & Food Innovation ETF has a 12 month low of $26.76 and a 12 month high of $35.06.

Global X AgTech & Food Innovation ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.6108 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 401.0%.

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.