Global X SuperDividend REIT ETF (NASDAQ:SRET) Short Interest Update

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 28,700 shares, a growth of 96.6% from the January 15th total of 14,600 shares. Based on an average daily volume of 46,400 shares, the days-to-cover ratio is currently 0.6 days.

Global X SuperDividend REIT ETF Stock Up 1.3 %

Shares of NASDAQ:SRET traded up $0.27 on Thursday, hitting $20.81. The company had a trading volume of 26,773 shares, compared to its average volume of 62,885. The firm’s 50-day simple moving average is $20.31 and its two-hundred day simple moving average is $21.18. The firm has a market capitalization of $184.33 million, a price-to-earnings ratio of 9.61 and a beta of 1.22. Global X SuperDividend REIT ETF has a 1 year low of $18.90 and a 1 year high of $22.88.

Global X SuperDividend REIT ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 12th. Investors of record on Wednesday, February 5th were given a dividend of $0.148 per share. The ex-dividend date of this dividend was Wednesday, February 5th.

Institutional Trading of Global X SuperDividend REIT ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. MML Investors Services LLC purchased a new stake in shares of Global X SuperDividend REIT ETF in the third quarter worth $279,000. HighTower Advisors LLC purchased a new stake in Global X SuperDividend REIT ETF in the third quarter worth approximately $222,000. Janney Montgomery Scott LLC grew its holdings in shares of Global X SuperDividend REIT ETF by 79.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 16,625 shares of the company’s stock worth $333,000 after acquiring an additional 7,347 shares during the period. Crews Bank & Trust purchased a new stake in Global X SuperDividend REIT ETF during the fourth quarter valued at approximately $64,000. Finally, SBI Securities Co. Ltd. bought a new position in Global X SuperDividend REIT ETF in the 4th quarter worth $941,000.

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.