Short Interest in Global X Conscious Companies ETF (NASDAQ:KRMA) Decreases By 17.0%

Global X Conscious Companies ETF (NASDAQ:KRMA) saw a significant decrease in short interest in April. As of April 15th, there was short interest totalling 8,800 shares, a decrease of 17.0% from the March 31st total of 10,600 shares. Based on an average trading volume of 23,100 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On Global X Conscious Companies ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in KRMA. Allworth Financial LP grew its stake in Global X Conscious Companies ETF by 21.8% in the third quarter. Allworth Financial LP now owns 4,360 shares of the company’s stock worth $130,000 after purchasing an additional 779 shares during the period. Farrow Financial Inc. purchased a new stake in Global X Conscious Companies ETF in the fourth quarter worth $271,000. Western Wealth Management LLC purchased a new stake in Global X Conscious Companies ETF in the fourth quarter worth $380,000. Congress Wealth Management LLC DE grew its stake in Global X Conscious Companies ETF by 13.7% in the third quarter. Congress Wealth Management LLC DE now owns 15,834 shares of the company’s stock worth $473,000 after purchasing an additional 1,903 shares during the period. Finally, Wealthfront Advisers LLC grew its stake in Global X Conscious Companies ETF by 6.6% in the third quarter. Wealthfront Advisers LLC now owns 16,809 shares of the company’s stock worth $502,000 after purchasing an additional 1,045 shares during the period.

Global X Conscious Companies ETF Stock Up 1.3 %

Shares of Global X Conscious Companies ETF stock opened at $35.22 on Friday. The company has a market cap of $630.79 million, a PE ratio of 24.12 and a beta of 0.98. The business has a 50 day moving average of $35.37 and a 200 day moving average of $33.33. Global X Conscious Companies ETF has a 52 week low of $28.57 and a 52 week high of $36.37.

About Global X Conscious Companies ETF

The Global X Conscious Companies ETF (KRMA) is an exchange-traded fund that is based on the Concinnity Conscious Companies GTR index. The fund tracks an equal-weighted index composed of U.S.-listed companies that exhibit environmental, social, and corporate governance (ESG) characteristics. KRMA was launched on Jul 11, 2016 and is managed by Global X.