Global X Internet of Things Thematic ETF (NASDAQ:SNSR) Short Interest Up 72.7% in August

Global X Internet of Things Thematic ETF (NASDAQ:SNSR) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 5,700 shares, a growth of 72.7% from the August 15th total of 3,300 shares. Based on an average trading volume of 23,200 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Global X Internet of Things Thematic ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. CWM LLC raised its holdings in Global X Internet of Things Thematic ETF by 133.6% in the 2nd quarter. CWM LLC now owns 1,070 shares of the company’s stock valued at $38,000 after acquiring an additional 612 shares during the period. International Assets Investment Management LLC acquired a new stake in Global X Internet of Things Thematic ETF during the 2nd quarter worth approximately $50,000. Voisard Asset Management Group Inc. acquired a new position in Global X Internet of Things Thematic ETF in the 4th quarter valued at $71,000. Cetera Advisors LLC bought a new position in Global X Internet of Things Thematic ETF during the 1st quarter worth $204,000. Finally, Fiduciary Alliance LLC acquired a new stake in shares of Global X Internet of Things Thematic ETF during the first quarter worth $223,000.

Global X Internet of Things Thematic ETF Stock Performance

SNSR traded up $0.35 during trading hours on Friday, reaching $33.79. The company’s stock had a trading volume of 15,745 shares, compared to its average volume of 25,115. The company’s 50-day moving average is $34.73 and its 200-day moving average is $35.43. Global X Internet of Things Thematic ETF has a 52 week low of $27.94 and a 52 week high of $38.54. The firm has a market cap of $249.37 million, a PE ratio of 25.59 and a beta of 1.24.

Global X Internet of Things Thematic ETF Announces Dividend

The business also recently announced a Semi-Annual dividend, which was paid on Friday, July 5th. Stockholders of record on Thursday, June 27th were paid a dividend of $0.0729 per share. The ex-dividend date of this dividend was Thursday, June 27th.

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.