Global X SuperDividend REIT ETF (NASDAQ:SRET) Short Interest Down 75.0% in December

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 800 shares, a decrease of 75.0% from the November 30th total of 3,200 shares. Based on an average daily trading volume, of 33,000 shares, the days-to-cover ratio is presently 0.0 days.

Global X SuperDividend REIT ETF Stock Performance

Shares of Global X SuperDividend REIT ETF stock traded down $0.08 on Thursday, hitting $20.23. 17,490 shares of the company’s stock were exchanged, compared to its average volume of 32,178. Global X SuperDividend REIT ETF has a 1 year low of $18.90 and a 1 year high of $22.88. The company has a 50-day simple moving average of $21.12 and a 200-day simple moving average of $21.20. The stock has a market capitalization of $208.37 million, a PE ratio of 9.61 and a beta of 1.22.

Global X SuperDividend REIT ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 13th. Stockholders of record on Tuesday, November 5th were given a $0.155 dividend. The ex-dividend date was Tuesday, November 5th. This represents a $1.86 annualized dividend and a dividend yield of 9.19%.

Institutional Trading of Global X SuperDividend REIT ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. MML Investors Services LLC purchased a new stake in Global X SuperDividend REIT ETF during the 3rd quarter valued at approximately $279,000. HighTower Advisors LLC bought a new stake in Global X SuperDividend REIT ETF in the 3rd quarter valued at $222,000. Daiwa Securities Group Inc. lifted its stake in Global X SuperDividend REIT ETF by 28.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 1,040,000 shares of the company’s stock worth $20,738,000 after purchasing an additional 230,000 shares in the last quarter. Finally, Axiom Advisory LLC boosted its holdings in shares of Global X SuperDividend REIT ETF by 3.9% during the 3rd quarter. Axiom Advisory LLC now owns 17,874 shares of the company’s stock valued at $384,000 after purchasing an additional 668 shares during the last quarter.

About Global X SuperDividend REIT ETF

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.