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

Global X Internet of Things ETF (NASDAQ:SNSR) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 3,927 shares, a growth of 29.3% from the November 30th total of 3,037 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 16,377 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 16,377 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Global X Internet of Things ETF Trading Down 0.2%

Shares of NASDAQ:SNSR opened at $37.26 on Wednesday. The firm has a market cap of $204.56 million, a price-to-earnings ratio of 26.18 and a beta of 1.26. The stock’s 50-day moving average price is $37.41 and its two-hundred day moving average price is $37.90. Global X Internet of Things ETF has a 12-month low of $26.78 and a 12-month high of $40.32.

Global X Internet of Things ETF Dividend Announcement

The business also recently announced a dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th will be issued a $0.1496 dividend. This represents a yield of 80.0%. The ex-dividend date is Tuesday, December 30th.

Hedge Funds Weigh In On Global X Internet of Things ETF

A number of hedge funds have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Global X Internet of Things ETF in the 2nd quarter valued at about $239,000. Flow Traders U.S. LLC acquired a new stake in Global X Internet of Things ETF during the 2nd quarter worth approximately $1,777,000. Modern Wealth Management LLC raised its holdings in Global X Internet of Things ETF by 7.3% in the second quarter. Modern Wealth Management LLC now owns 685,653 shares of the company’s stock valued at $25,890,000 after buying an additional 46,945 shares during the period. Fiduciary Alliance LLC lifted its position in Global X Internet of Things ETF by 9.6% during the second quarter. Fiduciary Alliance LLC now owns 6,862 shares of the company’s stock valued at $259,000 after buying an additional 603 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its position in Global X Internet of Things ETF by 3.2% during the second quarter. Wealthcare Advisory Partners LLC now owns 64,266 shares of the company’s stock valued at $2,427,000 after buying an additional 1,985 shares in the last quarter.

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.