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 significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 12,600 shares, a decrease of 98.6% from the January 31st total of 873,900 shares. Based on an average trading volume of 10,000 shares, the short-interest ratio is currently 1.3 days.

Global X AgTech & Food Innovation ETF Stock Performance

Global X AgTech & Food Innovation ETF stock opened at $10.08 on Friday. Global X AgTech & Food Innovation ETF has a 52-week low of $9.36 and a 52-week high of $11.34. The stock’s 50 day moving average price is $10.06 and its two-hundred day moving average price is $10.19. The stock has a market capitalization of $4.44 million, a price-to-earnings ratio of 16.45 and a beta of 1.06.

Global X AgTech & Food Innovation ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were given a dividend of $0.1005 per share. The ex-dividend date was Monday, December 30th.

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

A number of large investors have recently bought and sold shares of KROP. Menora Mivtachim Holdings LTD. raised its position in shares of Global X AgTech & Food Innovation ETF by 48.3% in the 4th quarter. Menora Mivtachim Holdings LTD. now owns 14,937 shares of the company’s stock worth $144,000 after purchasing an additional 4,863 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Global X AgTech & Food Innovation ETF during the 4th quarter worth approximately $104,000. Finally, GTS Securities LLC purchased a new stake in Global X AgTech & Food Innovation ETF during the 4th quarter valued at $109,000.

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.