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) was the recipient of a large 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 trading volume, of 21,100 shares, the days-to-cover ratio is presently 0.2 days.

Global X Internet of Things Thematic ETF Stock Up 0.9 %

Shares of NASDAQ SNSR traded up $0.32 during midday trading on Thursday, hitting $36.44. The stock had a trading volume of 27,264 shares, compared to its average volume of 18,396. The stock has a 50 day simple moving average of $35.81 and a 200-day simple moving average of $34.96. The company has a market capitalization of $236.52 million, a PE ratio of 25.59 and a beta of 1.24. Global X Internet of Things Thematic ETF has a 1 year low of $30.98 and a 1 year high of $38.54.

Global X Internet of Things Thematic ETF Announces Dividend

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

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Advisory Services Network LLC raised its position in shares of Global X Internet of Things Thematic ETF by 4.8% in the fourth 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 during 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 valued at $907,000 after acquiring an additional 1,210 shares in the last quarter. Values First Advisors Inc. acquired a new stake in Global X Internet of Things Thematic ETF in the 3rd quarter valued at about $45,000. HighTower Advisors LLC lifted its stake in Global X Internet of Things Thematic ETF by 7.4% in the 4th quarter. HighTower Advisors LLC now owns 23,560 shares of the company’s stock worth $822,000 after purchasing an additional 1,622 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its holdings in shares of Global X Internet of Things Thematic ETF by 3.3% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 60,900 shares of the company’s stock worth $2,125,000 after purchasing an additional 1,924 shares during the last quarter.

Global X Internet of Things Thematic 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.