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

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) was the target of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 2,900 shares, a growth of 45.0% from the May 15th total of 2,000 shares. Based on an average trading volume of 3,900 shares, the short-interest ratio is currently 0.7 days.

Global X AgTech & Food Innovation ETF Stock Down 1.4 %

NASDAQ:KROP traded down $0.14 during trading hours on Friday, reaching $10.07. 695 shares of the stock were exchanged, compared to its average volume of 3,570. Global X AgTech & Food Innovation ETF has a twelve month low of $9.79 and a twelve month high of $13.21. The business has a 50-day moving average of $10.77 and a two-hundred day moving average of $10.63. The company has a market capitalization of $3.93 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.