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) saw a significant increase in short interest in the month of 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 Trading Down 1.4 %

Shares of NASDAQ SNSR traded down $0.47 during mid-day trading on Monday, reaching $34.27. 6,411 shares of the company’s stock were exchanged, compared to its average volume of 19,103. The firm has a market capitalization of $225.15 million, a price-to-earnings ratio of 25.59 and a beta of 1.24. The business has a fifty day simple moving average of $35.65 and a 200 day simple moving average of $35.06. Global X Internet of Things Thematic ETF has a twelve month low of $30.98 and a twelve month high of $38.54.

Global X Internet of Things Thematic ETF Dividend Announcement

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Global X Internet of Things Thematic ETF by 119.3% during the third 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. Truist Financial Corp grew its holdings in shares of Global X Internet of Things Thematic ETF by 3.0% during the second quarter. Truist Financial Corp now owns 27,204 shares of the company’s stock worth $977,000 after buying an additional 789 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Global X Internet of Things Thematic ETF by 4.9% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,777 shares of the company’s stock worth $907,000 after buying an additional 1,210 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of Global X Internet of Things Thematic ETF by 5.7% during the second quarter. Commonwealth Equity Services LLC now owns 20,970 shares of the company’s stock worth $753,000 after buying an additional 1,130 shares in the last quarter. Finally, Apollon Financial LLC bought a new position in shares of Global X Internet of Things Thematic ETF during the third quarter worth about $506,000.

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.