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

Global X Internet of Things ETF (NASDAQ:SNSR) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 6,645 shares, a drop of 37.6% from the June 15th total of 10,642 shares. Based on an average daily volume of 14,454 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On Global X Internet of Things ETF

A number of large investors have recently modified their holdings of the business. Bank of America Corp DE increased its position in shares of Global X Internet of Things ETF by 8.8% in the first quarter. Bank of America Corp DE now owns 784,338 shares of the company’s stock valued at $29,233,000 after acquiring an additional 63,447 shares during the last quarter. Jane Street Group LLC boosted its position in Global X Internet of Things ETF by 213.5% during the first quarter. Jane Street Group LLC now owns 80,000 shares of the company’s stock valued at $2,635,000 after purchasing an additional 54,481 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position 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 purchasing an additional 27,500 shares during the last quarter. Moran Wealth Management LLC grew its stake in Global X Internet of Things ETF by 5.7% in the first quarter. Moran Wealth Management LLC now owns 48,603 shares of the company’s stock valued at $1,811,000 after purchasing an additional 2,603 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in Global X Internet of Things ETF by 24.5% in the third quarter. Raymond James Financial Inc. now owns 39,430 shares of the company’s stock valued at $1,538,000 after purchasing an additional 7,764 shares in the last quarter.

Global X Internet of Things ETF Stock Down 0.6%

Shares of SNSR stock traded down $0.27 during trading on Friday, reaching $45.95. The company’s stock had a trading volume of 6,769 shares, compared to its average volume of 20,032. Global X Internet of Things ETF has a one year low of $34.20 and a one year high of $53.80. The business has a fifty day moving average price of $49.28 and a 200-day moving average price of $42.90. The company has a market cap of $220.56 million, a price-to-earnings ratio of 26.18 and a beta of 1.35.

Global X Internet of Things ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were paid a $0.0798 dividend. The ex-dividend date was Monday, June 29th.

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.