Short Interest in Global X Internet of Things Thematic ETF (NASDAQ:SNSR) Drops By 60.7%

Global X Internet of Things Thematic ETF (NASDAQ:SNSR) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 2,200 shares, a decrease of 60.7% from the February 28th total of 5,600 shares. Based on an average daily trading volume, of 20,200 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Global X Internet of Things Thematic ETF

Several hedge funds have recently modified their holdings of the business. Advisory Services Network LLC lifted its holdings in Global X Internet of Things Thematic ETF by 4.8% during the fourth quarter. Advisory Services Network LLC now owns 6,120 shares of the company’s stock worth $214,000 after buying an additional 283 shares during the period. Summit Financial LLC purchased a new stake in shares of Global X Internet of Things Thematic ETF during the 4th quarter worth $322,000. Atria Wealth Solutions Inc. boosted its position in Global X Internet of Things Thematic ETF by 96.2% during the fourth quarter. Atria Wealth Solutions Inc. now owns 11,864 shares of the company’s stock valued at $415,000 after purchasing an additional 5,818 shares in the last quarter. Apollon Wealth Management LLC purchased a new position in Global X Internet of Things Thematic ETF in the fourth quarter valued at about $609,000. Finally, Citadel Advisors LLC bought a new position in Global X Internet of Things Thematic ETF in the fourth quarter worth about $614,000.

Global X Internet of Things Thematic ETF Trading Down 1.9 %

Shares of Global X Internet of Things Thematic ETF stock opened at $34.34 on Thursday. The stock’s fifty day moving average price is $35.76 and its 200-day moving average price is $35.30. The firm has a market cap of $222.84 million, a P/E ratio of 25.57 and a beta of 1.24. Global X Internet of Things Thematic ETF has a 12 month low of $30.98 and a 12 month high of $38.54.

Global X Internet of Things Thematic ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were issued a $0.1814 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Global X Internet of Things Thematic 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.