Global X Internet of Things ETF (NASDAQ:SNSR) Stock Short Interest Report for October

Global X Internet of Things ETF (NASDAQ:SNSR) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 8,346 shares, a growth of 108.5% from the September 30th total of 4,003 shares. Based on an average daily volume of 9,341 shares, the short-interest ratio is presently 0.9 days. Currently, 0.2% of the company’s shares are sold short.

Global X Internet of Things ETF Trading Down 2.8%

Shares of NASDAQ SNSR traded down $1.35 on Friday, reaching $46.54. 10,559 shares of the company traded hands, compared to its average volume of 18,557. Global X Internet of Things ETF has a fifty-two week low of $34.20 and a fifty-two week high of $53.80. The company has a 50 day moving average of $47.70 and a 200 day moving average of $44.89. The stock has a market capitalization of $199.19 million, a PE ratio of 26.18 and a beta of 1.36.

Institutional Trading of Global X Internet of Things ETF

Institutional investors have recently added to or reduced their stakes in the stock. MWA Asset Management purchased a new stake in shares of Global X Internet of Things ETF during the first quarter valued at $45,000. Integrated Wealth Concepts LLC acquired a new position in shares of Global X Internet of Things ETF in the second quarter worth $90,000. Rockefeller Capital Management L.P. lifted its holdings in shares of Global X Internet of Things ETF by 27.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,997 shares of the company’s stock valued at $74,000 after buying an additional 436 shares during the last quarter. Envestnet Asset Management Inc. acquired a new position in shares of Global X Internet of Things ETF during the 2nd quarter worth $231,000. Finally, HB Wealth Management LLC bought a new stake in shares of Global X Internet of Things ETF during the 1st quarter worth about $207,000.

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.