Short Interest in Global X Internet of Things ETF (NASDAQ:SNSR) Grows By 29.3%
by Jessica Moore · The Cerbat GemGlobal X Internet of Things ETF (NASDAQ:SNSR – Get Free Report) was the recipient of a significant increase in short interest in 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. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 16,377 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 16,377 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.
Institutional Trading of Global X Internet of Things ETF
Several institutional investors have recently made changes to their positions in the business. Modern Wealth Management LLC lifted its holdings in Global X Internet of Things ETF by 1.0% in the 3rd quarter. Modern Wealth Management LLC now owns 692,320 shares of the company’s stock worth $27,007,000 after purchasing an additional 6,667 shares in the last quarter. Bank of America Corp DE raised its position in shares of Global X Internet of Things ETF by 1.4% during the third quarter. Bank of America Corp DE now owns 662,525 shares of the company’s stock valued at $25,845,000 after buying an additional 9,085 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of Global X Internet of Things ETF by 213.5% in the first quarter. Jane Street Group LLC now owns 80,000 shares of the company’s stock worth $2,635,000 after buying an additional 54,481 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its holdings in shares of Global X Internet of Things ETF by 3.2% in the second quarter. Wealthcare Advisory Partners LLC now owns 64,266 shares of the company’s stock worth $2,427,000 after buying an additional 1,985 shares in the last quarter. Finally, Flow Traders U.S. LLC boosted its position in shares of Global X Internet of Things ETF by 34.3% during the third quarter. Flow Traders U.S. LLC now owns 63,213 shares of the company’s stock worth $2,466,000 after acquiring an additional 16,159 shares during the last quarter.
Global X Internet of Things ETF Stock Performance
SNSR opened at $36.98 on Thursday. Global X Internet of Things ETF has a fifty-two week low of $26.78 and a fifty-two week high of $40.32. The firm’s fifty day moving average is $37.37 and its 200 day moving average is $37.89. The stock has a market cap of $203.00 million, a price-to-earnings ratio of 26.18 and a beta of 1.26.
Global X Internet of Things ETF Dividend Announcement
The firm also recently disclosed a dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th will be given a $0.1496 dividend. This represents a dividend yield of 80.0%. The ex-dividend date is Tuesday, December 30th.
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.