Short Interest in Global X Internet of Things Thematic ETF (NASDAQ:SNSR) Rises By 286.7%

Global X Internet of Things Thematic ETF (NASDAQ:SNSRGet Free Report) saw a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 5,800 shares, an increase of 286.7% from the May 15th total of 1,500 shares. Based on an average daily volume of 21,200 shares, the days-to-cover ratio is presently 0.3 days.

Global X Internet of Things Thematic ETF Trading Down 1.6 %

Shares of Global X Internet of Things Thematic ETF stock traded down $0.60 during trading hours on Friday, reaching $36.09. The stock had a trading volume of 7,433 shares, compared to its average volume of 25,669. The firm has a 50 day simple moving average of $35.65 and a two-hundred day simple moving average of $34.98. The firm has a market capitalization of $284.03 million, a price-to-earnings ratio of 25.59 and a beta of 1.24. Global X Internet of Things Thematic ETF has a 1 year low of $27.94 and a 1 year high of $37.47.

Hedge Funds Weigh In On Global X Internet of Things Thematic ETF

Large investors have recently modified their holdings of the company. Great Valley Advisor Group Inc. acquired a new stake in shares of Global X Internet of Things Thematic ETF in the fourth quarter valued at about $251,000. International Assets Investment Management LLC acquired a new stake in shares of Global X Internet of Things Thematic ETF in the fourth quarter valued at about $1,746,000. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Global X Internet of Things Thematic ETF by 9.1% in 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 buying an additional 4,722 shares in the last quarter. Glenmede Trust Co. NA grew its stake 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 buying an additional 557 shares in the last quarter. Finally, UBS Group AG grew its stake in shares of Global X Internet of Things Thematic ETF by 5.0% in the third quarter. UBS Group AG now owns 174,272 shares of the company’s stock valued at $5,338,000 after buying an additional 8,371 shares in the last quarter.

About Global X Internet of Things Thematic ETF

(Get Free Report)

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.

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