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

Global X Internet of Things ETF (NASDAQ:SNSR) saw a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 17,155 shares, a growth of 593.4% from the January 15th total of 2,474 shares. Based on an average daily volume of 16,900 shares, the short-interest ratio is presently 1.0 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 16,900 shares, the short-interest ratio is presently 1.0 days.

Global X Internet of Things ETF Stock Up 0.4%

Shares of Global X Internet of Things ETF stock opened at $39.63 on Wednesday. Global X Internet of Things ETF has a fifty-two week low of $26.78 and a fifty-two week high of $40.32. The business’s fifty day moving average is $37.95 and its two-hundred day moving average is $37.97. The firm has a market cap of $209.25 million, a PE ratio of 26.18 and a beta of 1.26.

Global X Internet of Things ETF Dividend Announcement

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

Hedge Funds Weigh In On Global X Internet of Things ETF

Several institutional investors and hedge funds have recently bought and sold shares of SNSR. Modern Wealth Management LLC boosted its holdings in shares of Global X Internet of Things ETF by 1.0% in the 3rd quarter. Modern Wealth Management LLC now owns 692,320 shares of the company’s stock valued at $27,007,000 after purchasing an additional 6,667 shares during the last quarter. Bank of America Corp DE raised its position in shares of Global X Internet of Things ETF by 1.4% in the 3rd quarter. Bank of America Corp DE now owns 662,525 shares of the company’s stock worth $25,845,000 after buying an additional 9,085 shares during the period. Jane Street Group LLC raised its position in shares of Global X Internet of Things ETF by 213.5% in the 1st quarter. Jane Street Group LLC now owns 80,000 shares of the company’s stock worth $2,635,000 after buying an additional 54,481 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Global X Internet of Things ETF by 61.8% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 72,000 shares of the company’s stock valued at $2,661,000 after acquiring an additional 27,500 shares during the last quarter. Finally, Flow Traders U.S. LLC grew its position in Global X Internet of Things ETF by 34.3% during the third 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 during the period.

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.