Short Interest in Global X Conscious Companies ETF (NASDAQ:KRMA) Increases By 332.2%

Global X Conscious Companies ETF (NASDAQ:KRMA) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 1,046 shares, a growth of 332.2% from the April 30th total of 242 shares. Based on an average daily volume of 2,564 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s stock are sold short.

Global X Conscious Companies ETF Trading Up 1.0%

Shares of KRMA traded up $0.47 during mid-day trading on Friday, hitting $48.53. The company’s stock had a trading volume of 996 shares, compared to its average volume of 3,304. The company’s 50-day moving average is $44.66 and its 200-day moving average is $44.01. Global X Conscious Companies ETF has a 52-week low of $38.30 and a 52-week high of $48.57. The firm has a market capitalization of $123.27 million, a price-to-earnings ratio of 22.63 and a beta of 1.01.

Institutional Investors Weigh In On Global X Conscious Companies ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its position in Global X Conscious Companies ETF by 10,467.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 115,189 shares of the company’s stock valued at $5,002,000 after acquiring an additional 114,099 shares during the last quarter. JPMorgan Chase & Co. purchased a new stake in Global X Conscious Companies ETF during the third quarter valued at approximately $155,000. Raymond James Financial Inc. purchased a new stake in Global X Conscious Companies ETF during the second quarter valued at approximately $26,000. Bank of America Corp DE lifted its position in Global X Conscious Companies ETF by 1.7% during the first quarter. Bank of America Corp DE now owns 20,576 shares of the company’s stock valued at $855,000 after acquiring an additional 348 shares during the last quarter. Finally, Wealthfront Advisers LLC lifted its position in Global X Conscious Companies ETF by 3.7% during the first quarter. Wealthfront Advisers LLC now owns 28,058 shares of the company’s stock valued at $1,166,000 after acquiring an additional 999 shares during the last quarter.

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.