Short Interest in Global X Internet of Things ETF (NASDAQ:SNSR) Drops By 24.0%


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Global X Internet of Things ETF (NASDAQ:SNSR) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 25,600 shares, a decrease of 24.0% from the March 31st total of 33,700 shares. Based on an average daily volume of 101,500 shares, the days-to-cover ratio is currently 0.3 days.

Several large investors have recently modified their holdings of SNSR. Creative Financial Designs Inc. ADV raised its position in shares of Global X Internet of Things ETF by 20.7% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,817 shares of the company’s stock worth $58,000 after purchasing an additional 312 shares during the period. Patriot Financial Group Insurance Agency LLC raised its position in Global X Internet of Things ETF by 97.2% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 13,960 shares of the company’s stock valued at $444,000 after buying an additional 6,880 shares during the last quarter. Archford Capital Strategies LLC raised its position in Global X Internet of Things ETF by 34.6% in the 4th quarter. Archford Capital Strategies LLC now owns 30,670 shares of the company’s stock valued at $1,034,000 after buying an additional 7,876 shares during the last quarter. Kestra Advisory Services LLC raised its position in Global X Internet of Things ETF by 6,604.7% in the 4th quarter. Kestra Advisory Services LLC now owns 9,923 shares of the company’s stock valued at $316,000 after buying an additional 9,775 shares during the last quarter. Finally, Ellis Investment Partners LLC raised its position in Global X Internet of Things ETF by 85.7% in the 4th quarter. Ellis Investment Partners LLC now owns 9,263 shares of the company’s stock valued at $294,000 after buying an additional 4,276 shares during the last quarter.

Shares of NASDAQ:SNSR traded down $0.60 during trading on Tuesday, reaching $33.47. 36,876 shares of the stock were exchanged, compared to its average volume of 102,590. Global X Internet of Things ETF has a 1-year low of $20.66 and a 1-year high of $35.64. The stock has a fifty day moving average of $33.96 and a two-hundred day moving average of $32.74.

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