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

Global X Internet of Things ETF (NASDAQ:SNSR) saw a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 3,807 shares, a decline of 77.8% from the January 29th total of 17,155 shares. Based on an average daily trading volume, of 25,719 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 25,719 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Global X Internet of Things ETF

Several institutional investors have recently added to or reduced their stakes in SNSR. Moran Wealth Management LLC increased its holdings in shares of Global X Internet of Things ETF by 82.8% in the third quarter. Moran Wealth Management LLC now owns 29,150 shares of the company’s stock valued at $1,137,000 after purchasing an additional 13,205 shares during the period. Flow Traders U.S. LLC acquired a new stake in shares of Global X Internet of Things ETF during the second quarter worth $1,777,000. Modern Wealth Management LLC grew its position in Global X Internet of Things ETF by 7.3% in the 2nd quarter. Modern Wealth Management LLC now owns 685,653 shares of the company’s stock valued at $25,890,000 after buying an additional 46,945 shares during the last quarter. Citadel Advisors LLC acquired a new position in Global X Internet of Things ETF in the 3rd quarter valued at $295,000. Finally, Sei Investments Co. raised its position in Global X Internet of Things ETF by 63.4% during the 3rd quarter. Sei Investments Co. now owns 10,522 shares of the company’s stock worth $410,000 after buying an additional 4,083 shares during the last quarter.

Global X Internet of Things ETF Stock Performance

Shares of SNSR opened at $40.92 on Friday. The company’s 50 day simple moving average is $38.46 and its 200-day simple moving average is $38.21. The firm has a market cap of $216.06 million, a PE ratio of 26.18 and a beta of 1.26. Global X Internet of Things ETF has a 12-month low of $26.78 and a 12-month high of $41.15.

Global X Internet of Things ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were paid a $0.1496 dividend. The ex-dividend date was Tuesday, December 30th. This represents a yield of 80.0%.

Global X Internet of Things 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.