Global X Internet of Things Thematic ETF (NASDAQ:SNSR) Short Interest Up 1,094.1% in June

Global X Internet of Things Thematic ETF (NASDAQ:SNSR) was the target of a large increase in short interest in June. As of June 30th, there was short interest totalling 60,900 shares, an increase of 1,094.1% from the June 15th total of 5,100 shares. Based on an average daily volume of 21,800 shares, the short-interest ratio is presently 2.8 days.

Global X Internet of Things Thematic ETF Stock Performance

Shares of NASDAQ:SNSR opened at $37.35 on Friday. The business has a 50-day simple moving average of $36.30 and a two-hundred day simple moving average of $35.34. Global X Internet of Things Thematic ETF has a fifty-two week low of $27.94 and a fifty-two week high of $37.71. The firm has a market cap of $279.00 million, a price-to-earnings ratio of 25.59 and a beta of 1.24.

Global X Internet of Things Thematic ETF Announces Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Friday, July 5th. Stockholders of record on Thursday, June 27th were paid a $0.0729 dividend. The ex-dividend date of this dividend was Thursday, June 27th.

Institutional Trading of Global X Internet of Things Thematic ETF

Several large investors have recently modified their holdings of the company. Worth Asset Management LLC purchased a new stake in shares of Global X Internet of Things Thematic ETF during the 4th quarter valued at about $204,000. Raymond James & Associates grew its position in shares of Global X Internet of Things Thematic ETF by 6.7% during the 4th quarter. Raymond James & Associates now owns 35,777 shares of the company’s stock valued at $1,263,000 after acquiring an additional 2,237 shares during the period. Insight Advisors LLC PA increased its stake in shares of Global X Internet of Things Thematic ETF by 2.4% in the 4th quarter. Insight Advisors LLC PA now owns 30,453 shares of the company’s stock worth $1,075,000 after purchasing an additional 720 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Global X Internet of Things Thematic ETF in the 4th quarter worth $1,746,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in Global X Internet of Things Thematic ETF by 9.1% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 56,896 shares of the company’s stock valued at $2,009,000 after purchasing an additional 4,722 shares in the last quarter.

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.