Short Interest in Global X Conscious Companies ETF (NASDAQ:KRMA) Decreases By 43.7%

Global X Conscious Companies ETF (NASDAQ:KRMA) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 3,444 shares, a decrease of 43.7% from the December 31st total of 6,112 shares. Based on an average daily volume of 6,132 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 6,132 shares, the days-to-cover ratio is currently 0.6 days.

Global X Conscious Companies ETF Price Performance

KRMA stock traded down $0.15 during midday trading on Friday, hitting $43.78. The company’s stock had a trading volume of 2,028 shares, compared to its average volume of 4,446. Global X Conscious Companies ETF has a twelve month low of $31.96 and a twelve month high of $44.99. The company’s fifty day moving average price is $44.07 and its 200 day moving average price is $43.10. The stock has a market capitalization of $112.51 million, a P/E ratio of 22.63 and a beta of 1.01.

Global X Conscious Companies ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were given a $0.9656 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 441.0%.

Hedge Funds Weigh In On Global X Conscious Companies ETF

Several hedge funds and other institutional investors have recently made changes to their positions in KRMA. Raymond James Financial Inc. acquired a new position in Global X Conscious Companies ETF during the second quarter worth $26,000. Farther Finance Advisors LLC increased its stake in shares of Global X Conscious Companies ETF by 35.1% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,539 shares of the company’s stock worth $62,000 after purchasing an additional 400 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in shares of Global X Conscious Companies ETF in the 3rd quarter valued at about $155,000. HBW Advisory Services LLC raised its holdings in shares of Global X Conscious Companies ETF by 9.3% in the 3rd quarter. HBW Advisory Services LLC now owns 5,468 shares of the company’s stock valued at $236,000 after purchasing an additional 464 shares during the period. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in Global X Conscious Companies ETF in the 3rd quarter valued at about $276,000.

Global X Conscious Companies ETF Company Profile

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.