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 decrease in short interest in 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 daily volume of 10,000 shares, the short-interest ratio is presently 1.3 days.

Institutional Inflows and Outflows

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

Global X AgTech & Food Innovation ETF Stock Performance

Shares of KROP 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 company has a 50-day simple moving average of $10.06 and a two-hundred day simple moving average of $10.19. The company 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 business also recently announced 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 of this dividend was Monday, December 30th.

About Global X AgTech & Food Innovation ETF

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.