Global X Conscious Companies ETF (NASDAQ:KRMA) Sees Significant Decline in Short Interest

Global X Conscious Companies ETF (NASDAQ:KRMA) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 6,112 shares, a decrease of 20.7% from the December 15th total of 7,706 shares. Based on an average daily volume of 110,490 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 110,490 shares, the short-interest ratio is presently 0.1 days.

Global X Conscious Companies ETF Price Performance

KRMA stock traded down $0.08 during trading on Friday, reaching $43.87. 2,591 shares of the stock traded hands, compared to its average volume of 5,781. The firm has a market capitalization of $112.75 million, a PE ratio of 22.63 and a beta of 1.01. The business’s 50 day moving average price is $43.93 and its 200-day moving average price is $42.90. Global X Conscious Companies ETF has a 52-week low of $31.96 and a 52-week high of $44.99.

Global X Conscious Companies ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.9656 per share. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 441.0%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new stake in Global X Conscious Companies ETF during the 2nd quarter valued at $26,000. Farther Finance Advisors LLC boosted its position in Global X Conscious Companies ETF by 35.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,539 shares of the company’s stock valued at $62,000 after buying an additional 400 shares during the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of Global X Conscious Companies ETF during the third quarter valued at about $155,000. HBW Advisory Services LLC grew its stake in shares of Global X Conscious Companies ETF by 9.3% during the third quarter. HBW Advisory Services LLC now owns 5,468 shares of the company’s stock valued at $236,000 after acquiring an additional 464 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in shares of Global X Conscious Companies ETF during the third quarter worth about $276,000.

About Global X Conscious Companies ETF

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.