Global X Internet of Things ETF (NASDAQ:SNSR) Short Interest Down 37.6% in June

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

Global X Internet of Things ETF Stock Performance

Shares of SNSR stock opened at $46.22 on Friday. Global X Internet of Things ETF has a 52-week low of $34.20 and a 52-week high of $53.80. The firm has a market capitalization of $221.86 million, a PE ratio of 26.18 and a beta of 1.35. The stock has a fifty day simple moving average of $49.31 and a two-hundred day simple moving average of $42.88.

Global X Internet of Things ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were issued a dividend of $0.0798 per share. The ex-dividend date was Monday, June 29th.

Institutional Investors Weigh In On Global X Internet of Things ETF

Several hedge funds and other institutional investors have recently modified their holdings of SNSR. Royal Bank of Canada lifted its position in shares of Global X Internet of Things ETF by 1.6% in the 1st quarter. Royal Bank of Canada now owns 25,396 shares of the company’s stock worth $837,000 after purchasing an additional 406 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Global X Internet of Things ETF by 1.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 26,070 shares of the company’s stock worth $973,000 after buying an additional 430 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in shares of Global X Internet of Things ETF by 27.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,997 shares of the company’s stock worth $74,000 after acquiring an additional 436 shares during the period. Cetera Investment Advisers grew its stake in Global X Internet of Things ETF by 4.1% in the 1st quarter. Cetera Investment Advisers now owns 12,430 shares of the company’s stock valued at $463,000 after acquiring an additional 485 shares during the period. Finally, Parallel Advisors LLC acquired a new position in shares of Global X Internet of Things ETF during the fourth quarter valued at approximately $29,000.

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.