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

Global X Internet of Things Thematic ETF (NASDAQ:SNSR) was the recipient of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 10,600 shares, an increase of 430.0% from the November 15th total of 2,000 shares. Based on an average daily volume of 20,500 shares, the short-interest ratio is currently 0.5 days.

Global X Internet of Things Thematic ETF Price Performance

Shares of NASDAQ SNSR traded up $0.40 during midday trading on Wednesday, hitting $36.62. 34,333 shares of the company’s stock were exchanged, compared to its average volume of 23,940. 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 has a market cap of $248.28 million, a P/E ratio of 25.59 and a beta of 1.24. The stock’s 50 day moving average price is $35.24 and its 200-day moving average price is $35.19.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Cetera Advisors LLC acquired a new position in shares of Global X Internet of Things Thematic ETF during the first quarter valued at $204,000. Commonwealth Equity Services LLC lifted its holdings in Global X Internet of Things Thematic ETF by 5.7% in the second quarter. Commonwealth Equity Services LLC now owns 20,970 shares of the company’s stock worth $753,000 after purchasing an additional 1,130 shares during the period. Raymond James & Associates grew its position in Global X Internet of Things Thematic ETF by 17.0% in the 2nd quarter. Raymond James & Associates now owns 42,157 shares of the company’s stock valued at $1,513,000 after buying an additional 6,112 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Global X Internet of Things Thematic ETF during the 2nd quarter valued at about $50,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Global X Internet of Things Thematic ETF by 119.3% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,460 shares of the company’s stock worth $2,326,000 after acquiring an additional 36,159 shares during the period.

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.