Short Interest in The Intelligent Real Estate ETF (NASDAQ:REAI) Decreases By 50.0%

The Intelligent Real Estate ETF (NASDAQ:REAI) was the target of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 900 shares, a drop of 50.0% from the January 15th total of 1,800 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is currently 2.3 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Intelligent Real Estate ETF stock. Seneca House Advisors raised its holdings in The Intelligent Real Estate ETF (NASDAQ:REAI) by 2.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 98,838 shares of the company’s stock after buying an additional 2,313 shares during the quarter. Intelligent Real Estate ETF accounts for approximately 0.8% of Seneca House Advisors’ holdings, making the stock its 29th biggest holding. Seneca House Advisors owned approximately 58.14% of Intelligent Real Estate ETF worth $2,068,000 at the end of the most recent quarter.

Intelligent Real Estate ETF Trading Down 0.2 %

REAI stock traded down $0.04 during trading on Thursday, reaching $20.77. 51 shares of the stock were exchanged, compared to its average volume of 277. Intelligent Real Estate ETF has a twelve month low of $18.39 and a twelve month high of $23.33. The company has a market capitalization of $3.53 million, a P/E ratio of 28.79 and a beta of 1.03. The stock has a 50 day simple moving average of $21.01 and a 200-day simple moving average of $21.78.

Intelligent Real Estate ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 27th were given a dividend of $0.1177 per share. The ex-dividend date was Friday, December 27th.

Intelligent Real Estate ETF Company Profile

The Tidal ETF Trust Intelligent Real Estate ETF (REAI) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed fund that invests primarily in US-listed commercial REITs that provide qualitative characteristics of a portfolio of public, non-traded REITs. The fund also invests, to a lesser extent, in mortgage-backed securities.