Short Interest in Global X Internet of Things Thematic ETF (NASDAQ:SNSR) Grows By 2,200.0%

Global X Internet of Things Thematic ETF (NASDAQ:SNSR) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 46,000 shares, a growth of 2,200.0% from the March 31st total of 2,000 shares. Based on an average daily trading volume, of 23,300 shares, the days-to-cover ratio is presently 2.0 days.

Global X Internet of Things Thematic ETF Stock Down 0.1 %

Global X Internet of Things Thematic ETF stock traded down $0.05 during midday trading on Friday, reaching $34.65. The stock had a trading volume of 83,071 shares, compared to its average volume of 27,926. Global X Internet of Things Thematic ETF has a 12 month low of $27.94 and a 12 month high of $36.98. The firm has a market capitalization of $272.70 million, a PE ratio of 24.13 and a beta of 1.24. The firm’s 50-day moving average price is $35.31 and its 200 day moving average price is $33.55.

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

Institutional investors have recently modified their holdings of the stock. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Global X Internet of Things Thematic ETF by 9.1% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 56,896 shares of the company’s stock worth $2,009,000 after acquiring an additional 4,722 shares during the last quarter. Glenmede Trust Co. NA grew its position in shares of Global X Internet of Things Thematic ETF by 5.1% in the third quarter. Glenmede Trust Co. NA now owns 11,582 shares of the company’s stock valued at $355,000 after purchasing an additional 557 shares in the last quarter. UBS Group AG boosted its position in shares of Global X Internet of Things Thematic ETF by 5.0% during the third quarter. UBS Group AG now owns 174,272 shares of the company’s stock worth $5,338,000 after buying an additional 8,371 shares during the period. Insight Advisors LLC PA raised its stake in shares of Global X Internet of Things Thematic ETF by 11.0% in the third quarter. Insight Advisors LLC PA now owns 29,733 shares of the company’s stock valued at $911,000 after acquiring an additional 2,946 shares in the last quarter. Finally, Assetmark Inc. acquired a new stake in Global X Internet of Things Thematic ETF in the third quarter valued at $174,000.

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.