Global X Internet of Things Thematic ETF (NASDAQ:SNSR) Short Interest Up 4,150.0% in January

Global X Internet of Things Thematic ETF (NASDAQ:SNSR) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 8,500 shares, an increase of 4,150.0% from the December 31st total of 200 shares. Based on an average daily volume of 20,800 shares, the days-to-cover ratio is currently 0.4 days.

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

Hedge funds have recently added to or reduced their stakes in the business. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of 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. Apollon Wealth Management LLC acquired a new stake in Global X Internet of Things Thematic ETF in the fourth quarter worth $609,000. Apollon Financial LLC bought a new stake in Global X Internet of Things Thematic ETF in the third quarter valued at $506,000. Highline Wealth Partners LLC acquired a new position in shares of Global X Internet of Things Thematic ETF during the third quarter valued at about $73,000. Finally, Wealthcare Advisory Partners LLC boosted its position 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 in the last quarter.

Global X Internet of Things Thematic ETF Stock Up 0.8 %

SNSR traded up $0.28 during trading on Thursday, reaching $36.25. 13,175 shares of the stock traded hands, compared to its average volume of 18,409. The stock’s 50-day moving average is $35.82 and its 200 day moving average is $35.01. Global X Internet of Things Thematic ETF has a 12 month low of $30.98 and a 12 month high of $38.54. The stock has a market capitalization of $237.08 million, a PE ratio of 25.59 and a beta of 1.24.

Global X Internet of Things Thematic ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, January 7th. Investors 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.

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.