Short Interest in Global X Internet of Things ETF (NASDAQ:SNSR) Drops By 49.2%


Global X Internet of Things ETF (NASDAQ:SNSR – Get Rating) was the recipient of a significant drop in short interest in April. As of April 15th, there was short interest totalling 6,200 shares, a drop of 49.2% from the March 31st total of 12,200 shares. Based on an average daily volume of 82,700 shares, the days-to-cover ratio is presently 0.1 days.

A number of hedge funds have recently bought and sold shares of SNSR. UBS Group AG raised its holdings in Global X Internet of Things ETF by 1.9% in the 3rd quarter. UBS Group AG now owns 246,272 shares of the company’s stock valued at $8,940,000 after acquiring an additional 4,633 shares in the last quarter. Dynamic Advisor Solutions LLC grew its position in Global X Internet of Things ETF by 5.8% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 17,882 shares of the company’s stock worth $700,000 after acquiring an additional 979 shares during the last quarter. Sowell Financial Services LLC grew its position in Global X Internet of Things ETF by 55.4% during the 3rd quarter. Sowell Financial Services LLC now owns 33,147 shares of the company’s stock worth $1,203,000 after acquiring an additional 11,815 shares during the last quarter. Royal Bank of Canada grew its position in Global X Internet of Things ETF by 1.3% during the 3rd quarter. Royal Bank of Canada now owns 60,412 shares of the company’s stock worth $2,193,000 after acquiring an additional 768 shares during the last quarter. Finally, Quantitative Advantage LLC lifted its holdings in Global X Internet of Things ETF by 33.5% during the 4th quarter. Quantitative Advantage LLC now owns 8,486 shares of the company’s stock worth $332,000 after buying an additional 2,131 shares during the period.

SNSR stock opened at $29.08 on Friday. The business has a 50 day moving average price of $31.67 and a two-hundred day moving average price of $35.36. Global X Internet of Things ETF has a twelve month low of $28.53 and a twelve month high of $40.46.

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