Short Interest in Global X SuperDividend REIT ETF (NASDAQ:SRET) Increases By 533.3%

Global X SuperDividend REIT ETF (NASDAQ:SRET) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 1,900 shares, a growth of 533.3% from the August 15th total of 300 shares. Based on an average daily volume of 29,500 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Global X SuperDividend REIT ETF

Several institutional investors have recently added to or reduced their stakes in SRET. Daiwa Securities Group Inc. increased its holdings in shares of Global X SuperDividend REIT ETF by 28.4% during the second quarter. Daiwa Securities Group Inc. now owns 1,040,000 shares of the company’s stock worth $20,738,000 after buying an additional 230,000 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Global X SuperDividend REIT ETF by 4.5% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 339,792 shares of the company’s stock valued at $7,132,000 after buying an additional 14,567 shares during the period. Cetera Investment Advisers boosted its holdings in Global X SuperDividend REIT ETF by 33.4% during the first quarter. Cetera Investment Advisers now owns 79,756 shares of the company’s stock worth $1,630,000 after buying an additional 19,952 shares during the last quarter. Cetera Advisors LLC acquired a new position in shares of Global X SuperDividend REIT ETF during the 1st quarter worth about $1,596,000. Finally, Gladstone Institutional Advisory LLC acquired a new position in shares of Global X SuperDividend REIT ETF in the 4th quarter valued at $231,000.

Global X SuperDividend REIT ETF Price Performance

Shares of SRET stock traded up $0.33 during trading on Friday, reaching $22.58. The company had a trading volume of 20,156 shares, compared to its average volume of 32,201. The firm’s 50 day simple moving average is $21.40 and its two-hundred day simple moving average is $20.39. Global X SuperDividend REIT ETF has a one year low of $18.06 and a one year high of $22.61. The company has a market capitalization of $235.28 million, a PE ratio of 9.61 and a beta of 1.22.

Global X SuperDividend REIT ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, September 12th. Stockholders of record on Thursday, September 5th were issued a $0.155 dividend. This is a positive change from Global X SuperDividend REIT ETF’s previous monthly dividend of $0.15. The ex-dividend date was Thursday, September 5th. This represents a $1.86 annualized dividend and a dividend yield of 8.24%.

Global X SuperDividend REIT ETF Company Profile

The Global X SuperDividend REIT ETF (SRET) is an exchange-traded fund that is based on the Solactive Global Superdividend REIT index. The fund tracks an equal-weighted index of global REITs, choosing 30 high-yield, low-volatility companies. SRET was launched on Mar 17, 2015 and is managed by Global X.