Short Interest in Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Declines By 88.3%

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) was the target of a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 900 shares, a decline of 88.3% from the September 30th total of 7,700 shares. Based on an average trading volume of 2,400 shares, the days-to-cover ratio is presently 0.4 days.

Global X AgTech & Food Innovation ETF Price Performance

Global X AgTech & Food Innovation ETF stock traded down $0.02 during mid-day trading on Friday, hitting $10.28. 3,292 shares of the company’s stock traded hands, compared to its average volume of 3,015. The firm has a 50 day simple moving average of $10.30 and a two-hundred day simple moving average of $10.36. Global X AgTech & Food Innovation ETF has a fifty-two week low of $9.36 and a fifty-two week high of $11.34. The stock has a market cap of $4.63 million, a price-to-earnings ratio of 8.59 and a beta of 1.06.

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.