Short Interest in Global X Internet of Things ETF (NASDAQ:SNSR) Increases By 23.3%

Global X Internet of Things ETF (NASDAQ:SNSR) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 2,474 shares, a growth of 23.3% from the December 31st total of 2,007 shares. Based on an average trading volume of 15,136 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 15,136 shares, the short-interest ratio is presently 0.2 days.

Global X Internet of Things ETF Stock Down 2.1%

NASDAQ SNSR traded down $0.80 during trading on Tuesday, hitting $37.20. The company’s stock had a trading volume of 2,608 shares, compared to its average volume of 15,311. The firm has a 50 day moving average price of $37.71 and a 200 day moving average price of $37.97. The firm has a market cap of $196.39 million, a P/E ratio of 26.18 and a beta of 1.26. Global X Internet of Things ETF has a 52 week low of $26.78 and a 52 week high of $40.32.

Global X Internet of Things ETF Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were given a dividend of $0.1496 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a yield of 80.0%.

Institutional Trading of Global X Internet of Things ETF

A number of hedge funds have recently bought and sold shares of SNSR. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Global X Internet of Things ETF by 1.7% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 26,070 shares of the company’s stock worth $973,000 after purchasing an additional 430 shares during the last quarter. Moran Wealth Management LLC lifted its stake in shares of Global X Internet of Things ETF by 57.8% in the fourth quarter. Moran Wealth Management LLC now owns 46,000 shares of the company’s stock valued at $1,700,000 after buying an additional 16,850 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in Global X Internet of Things ETF by 61.8% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 72,000 shares of the company’s stock worth $2,661,000 after buying an additional 27,500 shares in the last quarter. Susquehanna International Group LLP increased its stake in Global X Internet of Things ETF by 12.0% during the third quarter. Susquehanna International Group LLP now owns 29,065 shares of the company’s stock valued at $1,134,000 after acquiring an additional 3,116 shares during the period. Finally, Flow Traders U.S. LLC raised its holdings in Global X Internet of Things ETF by 34.3% in the 3rd quarter. Flow Traders U.S. LLC now owns 63,213 shares of the company’s stock valued at $2,466,000 after acquiring an additional 16,159 shares in the last quarter.

About Global X Internet of Things 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.