Short Interest in The Intelligent Real Estate ETF (NASDAQ:REAI) Expands By 400.0%

The Intelligent Real Estate ETF (NASDAQ:REAI) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 500 shares, a growth of 400.0% from the February 28th total of 100 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.3% of the shares of the stock are sold short.

Intelligent Real Estate ETF Stock Up 0.4 %

Shares of REAI stock traded up $0.08 on Wednesday, reaching $20.17. The company had a trading volume of 723 shares, compared to its average volume of 457. The stock has a market capitalization of $3.43 million, a PE ratio of 25.69 and a beta of 1.03. The business’s 50-day moving average is $20.66 and its 200 day moving average is $21.57. Intelligent Real Estate ETF has a one year low of $18.39 and a one year high of $23.33.

Intelligent Real Estate ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were given a $0.1177 dividend. The ex-dividend date was Friday, December 27th.

Hedge Funds Weigh In On Intelligent Real Estate ETF

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

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.