Global X Conscious Companies ETF (NASDAQ:KRMA) Short Interest Down 90.4% in October

Global X Conscious Companies ETF (NASDAQ:KRMA) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 800 shares, a drop of 90.4% from the September 30th total of 8,300 shares. Based on an average trading volume of 28,400 shares, the days-to-cover ratio is presently 0.0 days.

Global X Conscious Companies ETF Stock Down 0.2 %

Shares of KRMA traded down $0.09 during trading hours on Friday, reaching $39.05. The company’s stock had a trading volume of 938 shares, compared to its average volume of 19,071. The company has a 50 day moving average of $38.53 and a two-hundred day moving average of $37.14. The firm has a market cap of $647.45 million, a price-to-earnings ratio of 24.99 and a beta of 1.03. Global X Conscious Companies ETF has a 1-year low of $28.57 and a 1-year high of $39.69.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in KRMA. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Global X Conscious Companies ETF by 30.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,418 shares of the company’s stock valued at $52,000 after buying an additional 328 shares during the period. Eagle Strategies LLC purchased a new stake in shares of Global X Conscious Companies ETF during the second quarter worth $224,000. Syntegra Private Wealth Group LLC boosted its position in Global X Conscious Companies ETF by 19.0% during the third quarter. Syntegra Private Wealth Group LLC now owns 12,217 shares of the company’s stock valued at $478,000 after purchasing an additional 1,948 shares during the last quarter. Cetera Advisors LLC purchased a new position in Global X Conscious Companies ETF in the first quarter valued at about $1,278,000. Finally, Daiwa Securities Group Inc. increased its position in Global X Conscious Companies ETF by 3.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 13,123,226 shares of the company’s stock worth $485,297,000 after purchasing an additional 401,337 shares during the last quarter.

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.