Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Shares Shorted: Short Interest Down 89.6% in September

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 4,588 shares, a decrease of 89.6% from the September 15th total of 43,931 shares. Based on an average daily volume of 3,521 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.9% of the company’s stock are sold short.

Global X AgTech & Food Innovation ETF Price Performance

Shares of KROP stock traded down $0.74 during trading hours on Friday, reaching $34.67. 5,938 shares of the stock were exchanged, compared to its average volume of 4,937. The business’s fifty day moving average is $36.52 and its two-hundred day moving average is $35.47. The firm has a market capitalization of $17.34 million, a P/E ratio of 19.65 and a beta of 0.89. Global X AgTech & Food Innovation ETF has a 12-month low of $29.05 and a 12-month high of $39.99.

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.