Short Interest in Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Declines By 16.0%

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 11,000 shares, a decline of 16.0% from the February 28th total of 13,100 shares. Based on an average trading volume of 11,000 shares, the short-interest ratio is presently 1.0 days. Approximately 1.3% of the company’s stock are sold short.

Institutional Trading of Global X AgTech & Food Innovation ETF

Several large investors have recently made changes to their positions in KROP. GTS Securities LLC acquired a new position in Global X AgTech & Food Innovation ETF during the 4th quarter worth approximately $109,000. Jane Street Group LLC bought a new position in shares of Global X AgTech & Food Innovation ETF in the 4th quarter worth $104,000. Finally, Menora Mivtachim Holdings LTD. grew its position in 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 valued at $144,000 after purchasing an additional 4,863 shares during the period.

Global X AgTech & Food Innovation ETF Stock Down 3.2 %

NASDAQ:KROP traded down $0.32 during trading hours on Thursday, reaching $9.74. The company had a trading volume of 1,579 shares, compared to its average volume of 4,812. Global X AgTech & Food Innovation ETF has a twelve month low of $9.36 and a twelve month high of $11.34. The firm has a market cap of $4.29 million, a price-to-earnings ratio of 19.63 and a beta of 1.06. The business’s 50-day simple moving average is $10.20 and its two-hundred day simple moving average is $10.19.

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.