Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Sees Significant Increase in Short Interest

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 873,900 shares, an increase of 62,321.4% from the January 15th total of 1,400 shares. Based on an average daily volume of 9,600 shares, the short-interest ratio is presently 91.0 days.

Institutional Trading of Global X AgTech & Food Innovation ETF

An institutional investor recently raised its position in Global X AgTech & Food Innovation ETF stock. Menora Mivtachim Holdings LTD. lifted its stake in Global X AgTech & Food Innovation ETF (NASDAQ:KROP) by 48.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,937 shares of the company’s stock after purchasing an additional 4,863 shares during the period. Menora Mivtachim Holdings LTD. owned approximately 3.39% of Global X AgTech & Food Innovation ETF worth $144,000 as of its most recent SEC filing.

Global X AgTech & Food Innovation ETF Price Performance

Global X AgTech & Food Innovation ETF stock opened at $10.12 on Friday. The business has a 50 day simple moving average of $10.03 and a 200-day simple moving average of $10.16. Global X AgTech & Food Innovation ETF has a 12 month low of $9.36 and a 12 month high of $11.34. The stock has a market capitalization of $4.45 million, a PE ratio of 8.59 and a beta of 1.06.

Global X AgTech & Food Innovation ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Shareholders 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.