Global X Internet of Things ETF (NASDAQ:SNSR) Short Interest Up 219.6% in April

Global X Internet of Things ETF (NASDAQ:SNSRGet Free Report) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totaling 5,878 shares, a growth of 219.6% from the March 31st total of 1,839 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 10,493 shares, the short-interest ratio is currently 0.6 days.

Global X Internet of Things ETF Trading Up 2.1%

Shares of NASDAQ:SNSR opened at $44.53 on Friday. The stock has a market capitalization of $221.76 million, a PE ratio of 26.18 and a beta of 1.26. Global X Internet of Things ETF has a 1 year low of $31.28 and a 1 year high of $44.78. The firm has a fifty day moving average price of $39.47 and a 200 day moving average price of $38.43.

Institutional Investors Weigh In On Global X Internet of Things ETF

Hedge funds have recently bought and sold shares of the company. Moran Wealth Management LLC boosted its holdings in Global X Internet of Things ETF by 82.8% during the third quarter. Moran Wealth Management LLC now owns 29,150 shares of the company’s stock valued at $1,137,000 after acquiring an additional 13,205 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Global X Internet of Things ETF by 61.8% during 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 period. Flow Traders U.S. LLC boosted its holdings 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. OakTrust Wealth Advisors LLC bought a new stake in Global X Internet of Things ETF during the fourth quarter valued at about $231,000. Finally, Hyposwiss Advisors SA bought a new stake in Global X Internet of Things ETF during the fourth quarter valued at about $88,000.

About Global X Internet of Things 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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