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 large increase in short interest in 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.

Global X Internet of Things Thematic ETF Stock Performance

Global X Internet of Things Thematic ETF stock traded up $0.03 during mid-day trading on Tuesday, reaching $35.94. 7,581 shares of the company were exchanged, compared to its average volume of 18,438. Global X Internet of Things Thematic ETF has a twelve month low of $30.98 and a twelve month high of $38.54. The firm’s 50-day simple moving average is $35.76 and its two-hundred day simple moving average is $35.03. The firm has a market cap of $235.05 million, a PE ratio of 25.59 and a beta of 1.24.

Global X Internet of Things Thematic ETF Dividend Announcement

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

Hedge Funds Weigh In On Global X Internet of Things Thematic ETF

Several hedge funds have recently bought and sold shares of the company. Values First Advisors Inc. acquired a new stake in Global X Internet of Things Thematic ETF during the 3rd quarter valued at $45,000. Highline Wealth Partners LLC acquired a new stake in Global X Internet of Things Thematic ETF during the 3rd quarter valued at $73,000. Apollon Financial LLC acquired a new stake in Global X Internet of Things Thematic ETF during the 3rd quarter valued at $506,000. Apollon Wealth Management LLC acquired a new stake in shares of Global X Internet of Things Thematic ETF during the fourth quarter worth $609,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted 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 purchasing an additional 1,210 shares during the last quarter.

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.