Short Interest in Global X Genomics & Biotechnology ETF (NASDAQ:GNOM) Decreases By 87.4%

Global X Genomics & Biotechnology ETF (NASDAQ:GNOM) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 2,033 shares, a drop of 87.4% from the December 15th total of 16,171 shares. Based on an average trading volume of 6,747 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are sold short. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 6,747 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On Global X Genomics & Biotechnology ETF

Large investors have recently made changes to their positions in the company. IFP Advisors Inc increased its stake in shares of Global X Genomics & Biotechnology ETF by 20.8% in the 3rd quarter. IFP Advisors Inc now owns 2,835 shares of the company’s stock valued at $110,000 after buying an additional 489 shares during the period. Halbert Hargrove Global Advisors LLC increased its position in Global X Genomics & Biotechnology ETF by 182.4% in the second quarter. Halbert Hargrove Global Advisors LLC now owns 13,685 shares of the company’s stock worth $115,000 after purchasing an additional 8,839 shares during the period. Oxinas Partners Wealth Management LLC raised its holdings in Global X Genomics & Biotechnology ETF by 12.1% during the 2nd quarter. Oxinas Partners Wealth Management LLC now owns 16,212 shares of the company’s stock worth $137,000 after purchasing an additional 1,751 shares during the last quarter. Atria Investments Inc raised its holdings in Global X Genomics & Biotechnology ETF by 12.6% during the 2nd quarter. Atria Investments Inc now owns 18,520 shares of the company’s stock worth $156,000 after purchasing an additional 2,073 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in Global X Genomics & Biotechnology ETF by 30.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 19,548 shares of the company’s stock valued at $164,000 after purchasing an additional 4,615 shares during the period. Institutional investors own 56.95% of the company’s stock.

Global X Genomics & Biotechnology ETF Trading Up 0.0%

GNOM stock traded up $0.01 during midday trading on Monday, hitting $47.37. The stock had a trading volume of 5,872 shares, compared to its average volume of 9,053. Global X Genomics & Biotechnology ETF has a 52 week low of $27.20 and a 52 week high of $48.92. The stock has a 50-day simple moving average of $45.67 and a 200 day simple moving average of $40.59. The firm has a market capitalization of $53.53 million, a price-to-earnings ratio of -20.24 and a beta of 1.22.

Global X Genomics & Biotechnology ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were given a $0.5912 dividend. This represents a yield of 259.0%. The ex-dividend date was Tuesday, December 30th. Global X Genomics & Biotechnology ETF’s dividend payout ratio is -26.50%.

Global X Genomics & Biotechnology ETF Company Profile

Complete Genomics, Inc is a life sciences company that has developed and commercialized a deoxyribonucleic acid (DNA) sequencing platform. Its complete genomics analysis platform (CGA) Platform, combines its human genome sequencing technology with its advanced informatics and data management software and its end-to-end, outsourced service model to provide its customers with data that is ready to be used for genome-based research. Its genome sequencing center combines a high-throughput sample preparation facility, a collection of its high-throughput sequencing instruments and a large- scale data center.