Short Interest in Global X Internet of Things Thematic ETF (NASDAQ:SNSR) Increases By 50.0%

Global X Internet of Things Thematic ETF (NASDAQ:SNSR) saw a significant growth in short interest in January. As of January 31st, there was short interest totalling 3,900 shares, a growth of 50.0% from the January 15th total of 2,600 shares. Based on an average daily volume of 21,100 shares, the days-to-cover ratio is currently 0.2 days.

Global X Internet of Things Thematic ETF Trading Up 0.9 %

SNSR traded up $0.32 during trading on Thursday, reaching $36.44. The stock had a trading volume of 27,264 shares, compared to its average volume of 18,396. The company has a market capitalization of $236.52 million, a price-to-earnings ratio of 25.59 and a beta of 1.24. The stock’s 50 day moving average is $35.81 and its two-hundred day moving average is $34.96. Global X Internet of Things Thematic ETF has a one year low of $30.98 and a one year high of $38.54.

Global X Internet of Things Thematic ETF Announces Dividend

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

Institutional Investors Weigh In On Global X Internet of Things Thematic ETF

Several hedge funds have recently bought and sold shares of the business. Values First Advisors Inc. bought a new position in shares of Global X Internet of Things Thematic ETF during the third quarter valued at approximately $45,000. Highline Wealth Partners LLC purchased a new stake in shares of Global X Internet of Things Thematic ETF in the 3rd quarter worth approximately $73,000. Advisory Services Network LLC increased its position in Global X Internet of Things Thematic ETF by 4.8% during the 4th quarter. Advisory Services Network LLC now owns 6,120 shares of the company’s stock valued at $214,000 after buying an additional 283 shares in the last quarter. Summit Financial LLC purchased a new position in Global X Internet of Things Thematic ETF during the fourth quarter valued at $322,000. Finally, Atria Wealth Solutions Inc. boosted its holdings in Global X Internet of Things Thematic ETF by 96.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 11,864 shares of the company’s stock worth $415,000 after acquiring an additional 5,818 shares in the last quarter.

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.