The Global X IoT Themed ETF (NASDAQ: SNSR – Get Free Report ) was the subject of a significant increase in short interest in March. As of March 31, short interest totaled 6,170,000 shares, an increase of 134,030.4% from 4,600 shares on March 15. Based on average daily trading volume of 4,142,400 shares, the current short interest ratio is 1.5 days.
Global X IoT-themed ETF shares fell 2.5%
Nasdaq: SNSR opened Thursday at $35.18. The Global X IoT Themed ETF has a 52-week low of $27.94 and a 52-week high of $36.98. The company’s 50-day moving average is $35.28 and its 200-day moving average is $33.24. The stock has a market capitalization of $276.87 million, a P/E ratio of 30.00, and a beta of 1.24.
Institutional investors focus on Global X IoT themed ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of SNSR. Tyler Stone Wealth Management purchased a new stake in Global X Internet of Things Themed ETF during the second quarter worth approximately $40,000. Opose Advisors LLC acquired a new stake in Global X Internet of Things Themed ETF during the third quarter worth approximately $58,000. Voisard Asset Management Group Inc. acquired a new stake in Global X Internet of Things Themed ETF during the fourth quarter worth approximately $71,000. Oxford Financial Group Ltd. purchased a new position in shares of Global X IoT Themed ETF during the fourth quarter worth approximately $71,000. Finally, PCA Investment Advisory Services Inc. purchased a new position in shares of Global X IoT Themed ETF during the second quarter worth approximately $80,000.
Global X IoT Themed ETF Company Profile
(Get your free report)
The Global X IoT ETF (SNSR) is an exchange-traded fund that invests primarily in stocks on a specific theme. The fund tracks a market cap-weighted index comprised of developed market companies that are advancing the Internet of Things industry. SNSR was launched on September 12, 2016 and is managed by Global X.
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