Global X Internet of Things ETF (NASDAQ:SNSR) Sees Significant Increase in Short Interest

Global X Internet of Things ETF (NASDAQ:SNSR) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 2,474 shares, an increase of 23.3% from the December 31st total of 2,007 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 15,136 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 15,136 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Global X Internet of Things ETF Stock Performance

NASDAQ SNSR opened at $37.24 on Wednesday. The firm’s 50 day moving average price is $37.73 and its two-hundred day moving average price is $37.96. Global X Internet of Things ETF has a twelve month low of $26.78 and a twelve month high of $40.32. The stock has a market cap of $196.63 million, a price-to-earnings ratio of 26.18 and a beta of 1.26.

Global X Internet of Things ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were given a dividend of $0.1496 per share. This represents a yield of 80.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Investors Weigh In On Global X Internet of Things ETF

A number of institutional investors have recently bought and sold shares of the business. Ameriflex Group Inc. lifted its stake in Global X Internet of Things ETF by 100.0% in the third quarter. Ameriflex Group Inc. now owns 1,228 shares of the company’s stock valued at $48,000 after acquiring an additional 614 shares during the last quarter. International Assets Investment Management LLC acquired a new position in Global X Internet of Things ETF during the fourth quarter worth $48,000. Qube Research & Technologies Ltd raised its holdings 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 valued at $50,000 after buying an additional 1,134 shares in the last quarter. HB Wealth Management LLC acquired a new stake in shares of Global X Internet of Things ETF in the third quarter worth about $203,000. Finally, Great Valley Advisor Group Inc. bought a new stake in shares of Global X Internet of Things ETF during the 2nd quarter worth about $211,000.

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.