Global X Internet of Things Thematic ETF (NASDAQ:SNSR) Short Interest Update

Global X Internet of Things Thematic ETF (NASDAQ:SNSR) was the recipient of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 2,000 shares, a decline of 55.6% from the October 31st total of 4,500 shares. Based on an average daily trading volume, of 21,300 shares, the days-to-cover ratio is presently 0.1 days.

Global X Internet of Things Thematic ETF Trading Up 0.3 %

SNSR traded up $0.10 during mid-day trading on Friday, hitting $36.17. 10,954 shares of the stock were exchanged, compared to its average volume of 24,044. The company has a market cap of $245.23 million, a PE ratio of 25.59 and a beta of 1.24. The firm’s fifty day moving average is $34.96 and its two-hundred day moving average is $35.23. Global X Internet of Things Thematic ETF has a 1-year low of $30.98 and a 1-year high of $38.54.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Mirae Asset Global Investments Co. Ltd. lifted its holdings in 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 buying an additional 36,159 shares in the last quarter. Raymond James & Associates increased its position in shares of Global X Internet of Things Thematic ETF by 17.0% during the second quarter. Raymond James & Associates now owns 42,157 shares of the company’s stock worth $1,513,000 after acquiring an additional 6,112 shares during the period. Truist Financial Corp raised its stake in shares of Global X Internet of Things Thematic ETF by 3.0% in the second quarter. Truist Financial Corp now owns 27,204 shares of the company’s stock valued at $977,000 after acquiring an additional 789 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in 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 purchasing an additional 1,210 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in 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 purchasing an additional 1,130 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.