Global X Internet of Things ETF (NASDAQ:SNSR) Short Interest Update

Global X Internet of Things ETF (NASDAQ:SNSR) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 3,927 shares, an increase of 29.3% from the November 30th total of 3,037 shares. Based on an average daily volume of 16,377 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 16,377 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Global X Internet of Things ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ameriflex Group Inc. grew its holdings in shares of Global X Internet of Things ETF by 100.0% during the third quarter. Ameriflex Group Inc. now owns 1,228 shares of the company’s stock worth $48,000 after buying an additional 614 shares in the last quarter. Qube Research & Technologies Ltd boosted its position in Global X Internet of Things ETF by 575.6% during the second quarter. Qube Research & Technologies Ltd now owns 1,331 shares of the company’s stock worth $50,000 after acquiring an additional 1,134 shares during the last quarter. HB Wealth Management LLC purchased a new stake in Global X Internet of Things ETF in the 3rd quarter worth approximately $203,000. Great Valley Advisor Group Inc. acquired a new position in Global X Internet of Things ETF in the 2nd quarter valued at $211,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in Global X Internet of Things ETF in the 2nd quarter valued at $239,000.

Global X Internet of Things ETF Stock Down 0.2%

Shares of NASDAQ SNSR opened at $37.26 on Wednesday. The stock has a market capitalization of $204.56 million, a price-to-earnings ratio of 26.18 and a beta of 1.26. Global X Internet of Things ETF has a 52 week low of $26.78 and a 52 week high of $40.32. The firm has a 50-day moving average price of $37.41 and a 200 day moving average price of $37.90.

Global X Internet of Things ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th will be paid a dividend of $0.1496 per share. The ex-dividend date of this dividend is Tuesday, December 30th. This represents a dividend yield of 80.0%.

Global X Internet of Things ETF Company Profile

The Global X Internet of Things ETF (SNSR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index composed of developed market companies that facilitate the Internet of Things industry. SNSR was launched on Sep 12, 2016 and is managed by Global X.