Global X Internet of Things Thematic ETF (NASDAQ:SNSR) Short Interest Up 4,150.0% in December

Global X Internet of Things Thematic ETF (NASDAQ:SNSR) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 8,500 shares, an increase of 4,150.0% from the December 15th total of 200 shares. Based on an average daily volume of 20,800 shares, the days-to-cover ratio is presently 0.4 days.

Global X Internet of Things Thematic ETF Price Performance

SNSR stock traded down $0.47 during mid-day trading on Monday, reaching $34.27. The company had a trading volume of 6,411 shares, compared to its average volume of 19,103. The stock has a 50 day simple moving average of $35.65 and a two-hundred day simple moving average of $35.06. The company has a market capitalization of $225.15 million, a price-to-earnings ratio of 25.59 and a beta of 1.24. Global X Internet of Things Thematic ETF has a 52 week low of $30.98 and a 52 week high of $38.54.

Global X Internet of Things Thematic ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were paid a $0.1814 dividend. The ex-dividend date was Monday, December 30th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Commonwealth Equity Services LLC boosted its stake in shares of Global X Internet of Things Thematic ETF by 5.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 20,970 shares of the company’s stock worth $753,000 after acquiring an additional 1,130 shares during the period. Truist Financial Corp boosted its stake in shares of Global X Internet of Things Thematic ETF by 3.0% during the 2nd quarter. Truist Financial Corp now owns 27,204 shares of the company’s stock worth $977,000 after acquiring an additional 789 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Global X Internet of Things Thematic ETF by 119.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,460 shares of the company’s stock worth $2,326,000 after acquiring an additional 36,159 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Global X Internet of Things Thematic ETF by 4.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,777 shares of the company’s stock worth $907,000 after acquiring an additional 1,210 shares during the period. Finally, Values First Advisors Inc. bought a new position in shares of Global X Internet of Things Thematic ETF during the 3rd quarter worth approximately $45,000.

About Global X Internet of Things Thematic ETF

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.