Short Interest in Global X Internet of Things ETF (NASDAQ:SNSR) Grows By 125.9%


Global X Internet of Things ETF (NASDAQ:SNSR – Get Rating) was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totalling 12,200 shares, an increase of 125.9% from the March 15th total of 5,400 shares. Based on an average daily trading volume, of 84,200 shares, the short-interest ratio is presently 0.1 days.

NASDAQ:SNSR opened at $30.20 on Friday. Global X Internet of Things ETF has a 12 month low of $30.02 and a 12 month high of $40.46. The company’s 50-day moving average price is $32.55 and its two-hundred day moving average price is $35.80.

Several hedge funds and other institutional investors have recently made changes to their positions in SNSR. Lowe Wealth Advisors LLC bought a new stake in shares of Global X Internet of Things ETF during the first quarter worth approximately $27,000. Strategic Asset Management LLC bought a new stake in shares of Global X Internet of Things ETF during the third quarter worth approximately $29,000. Financial Management Professionals Inc. bought a new stake in shares of Global X Internet of Things ETF during the third quarter worth approximately $36,000. Ahrens Investment Partners LLC bought a new stake in shares of Global X Internet of Things ETF during the fourth quarter worth approximately $47,000. Finally, Clear Perspectives Financial Planning LLC bought a new stake in shares of Global X Internet of Things ETF during the fourth quarter worth approximately $65,000.

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