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

Global X Internet of Things ETF (NASDAQ:SNSR) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 8,346 shares, an increase of 108.5% from the September 30th total of 4,003 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,341 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Investors Weigh In On Global X Internet of Things ETF

Institutional investors have recently modified their holdings of the stock. MWA Asset Management bought a new stake in Global X Internet of Things ETF during the first quarter worth approximately $45,000. Integrated Wealth Concepts LLC acquired a new position in Global X Internet of Things ETF during the second quarter valued at approximately $90,000. Rockefeller Capital Management L.P. grew its holdings in Global X Internet of Things ETF by 27.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,997 shares of the company’s stock valued at $74,000 after purchasing an additional 436 shares during the last quarter. Envestnet Asset Management Inc. bought a new position in shares of Global X Internet of Things ETF in the second quarter valued at approximately $231,000. Finally, HB Wealth Management LLC bought a new position in shares of Global X Internet of Things ETF in the first quarter valued at approximately $207,000.

Global X Internet of Things ETF Price Performance

SNSR stock opened at $46.54 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 company’s 50 day simple moving average is $47.70 and its 200-day simple moving average is $44.89. The firm has a market capitalization of $199.19 million, a P/E ratio of 26.18 and a beta of 1.36.

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.