Global X Internet of Things Thematic ETF (NASDAQ:SNSR) Short Interest Up 1,094.1% in June

Global X Internet of Things Thematic ETF (NASDAQ:SNSR) saw a significant increase in short interest in June. As of June 30th, there was short interest totalling 60,900 shares, an increase of 1,094.1% from the June 15th total of 5,100 shares. Based on an average trading volume of 21,800 shares, the days-to-cover ratio is currently 2.8 days.

Institutional Trading of Global X Internet of Things Thematic ETF

A number of institutional investors and hedge funds have recently made changes to their positions in SNSR. Principal Securities Inc. purchased a new stake in shares of Global X Internet of Things Thematic ETF during the fourth quarter worth approximately $5,972,000. International Assets Investment Management LLC purchased a new stake in Global X Internet of Things Thematic ETF during the 4th quarter worth about $1,746,000. Global Assets Advisory LLC purchased a new stake in Global X Internet of Things Thematic ETF during the 1st quarter worth about $912,000. Great Diamond Partners LLC increased its holdings in Global X Internet of Things Thematic ETF by 22.1% during the 4th quarter. Great Diamond Partners LLC now owns 46,897 shares of the company’s stock worth $1,656,000 after purchasing an additional 8,479 shares during the period. Finally, Great Valley Advisor Group Inc. purchased a new position in shares of Global X Internet of Things Thematic ETF in the 4th quarter valued at about $251,000.

Global X Internet of Things Thematic ETF Price Performance

Global X Internet of Things Thematic ETF stock opened at $37.35 on Friday. The stock has a market capitalization of $279.00 million, a PE ratio of 25.59 and a beta of 1.24. Global X Internet of Things Thematic ETF has a 12 month low of $27.94 and a 12 month high of $37.71. The business has a 50 day simple moving average of $36.30 and a 200-day simple moving average of $35.34.

Global X Internet of Things Thematic ETF Announces Dividend

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

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.