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

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

Global X Internet of Things Thematic ETF Stock Performance

Shares of SNSR stock traded down $0.07 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 twelve month low of $30.98 and a twelve month high of $38.54. The firm has a market cap of $241.77 million, a P/E ratio of 25.59 and a beta of 1.24. The stock’s 50-day moving average is $35.53 and its two-hundred day moving average is $35.15.

Institutional Trading of Global X Internet of Things Thematic ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Raymond James & Associates boosted its stake in shares of 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 purchasing an additional 6,112 shares during the last quarter. International Assets Investment Management LLC bought a new stake in Global X Internet of Things Thematic ETF during the second quarter valued at $50,000. Commonwealth Equity Services LLC boosted its position in Global X Internet of Things Thematic ETF by 5.7% during the second quarter. Commonwealth Equity Services LLC now owns 20,970 shares of the company’s stock valued at $753,000 after acquiring an additional 1,130 shares during the last quarter. Truist Financial Corp grew its holdings in Global X Internet of Things Thematic ETF by 3.0% during the 2nd quarter. Truist Financial Corp now owns 27,204 shares of the company’s stock worth $977,000 after acquiring an additional 789 shares during the period. Finally, Values First Advisors Inc. bought a new position in shares of Global X Internet of Things Thematic ETF in the 3rd quarter worth about $45,000.

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.