Global X Internet of Things Thematic ETF (NASDAQ:SNSR) Short Interest Update

Global X Internet of Things Thematic ETF (NASDAQ:SNSR) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 200 shares, a drop of 98.1% from the November 30th total of 10,600 shares. Based on an average daily trading volume, of 22,800 shares, the days-to-cover ratio is currently 0.0 days.

Global X Internet of Things Thematic ETF Price Performance

Shares of NASDAQ:SNSR traded down $0.07 during mid-day trading on Friday, hitting $35.66. The company had a trading volume of 37,162 shares, compared to its average volume of 24,157. Global X Internet of Things Thematic ETF has a one year low of $30.98 and a one year high of $38.54. The firm has a fifty day moving average price of $35.53 and a 200 day moving average price of $35.15. The company has a market capitalization of $241.77 million, a PE ratio of 25.59 and a beta of 1.24.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Truist Financial Corp grew its stake in shares of Global X Internet of Things Thematic ETF by 3.0% in the 2nd quarter. Truist Financial Corp now owns 27,204 shares of the company’s stock valued at $977,000 after buying an additional 789 shares during the period. Commonwealth Equity Services LLC raised its stake in Global X Internet of Things Thematic ETF by 5.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 20,970 shares of the company’s stock worth $753,000 after buying an additional 1,130 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted 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 worth $907,000 after acquiring an additional 1,210 shares in the last quarter. Values First Advisors Inc. acquired a new stake in Global X Internet of Things Thematic ETF in the third quarter valued at approximately $45,000. Finally, International Assets Investment Management LLC bought a new stake in shares of Global X Internet of Things Thematic ETF during the second quarter valued at approximately $50,000.

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.