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

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SNSR. Mirae Asset Global Investments Co. Ltd. grew its holdings in Global X Internet of Things Thematic ETF by 15.9% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 77,000 shares of the company’s stock worth $2,691,000 after acquiring an additional 10,540 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its holdings in shares of Global X Internet of Things Thematic ETF by 3.3% during the fourth 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 period. Truist Financial Corp grew 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 worth $977,000 after purchasing an additional 789 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Global X Internet of Things Thematic ETF by 4.9% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,777 shares of the company’s stock valued at $907,000 after purchasing an additional 1,210 shares during the period. Finally, Apollon Wealth Management LLC bought a new position in Global X Internet of Things Thematic ETF during the 4th quarter worth $609,000.

Global X Internet of Things Thematic ETF Stock Performance

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

Global X Internet of Things Thematic ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were paid a dividend of $0.1814 per share. The ex-dividend date was Monday, December 30th.

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.