Short Interest in Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) Drops By 42.0%

Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) saw a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 21,100 shares, a decline of 42.0% from the February 28th total of 36,400 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 73,100 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On Vert Global Sustainable Real Estate ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. SOA Wealth Advisors LLC. lifted its position in Vert Global Sustainable Real Estate ETF by 1.0% during the fourth quarter. SOA Wealth Advisors LLC. now owns 355,942 shares of the company’s stock valued at $3,602,000 after buying an additional 3,394 shares during the period. Greykasell Wealth Strategies Inc. bought a new position in shares of Vert Global Sustainable Real Estate ETF in the 4th quarter worth about $105,000. Ariadne Wealth Management LP lifted its position in Vert Global Sustainable Real Estate ETF by 51.1% during the 4th quarter. Ariadne Wealth Management LP now owns 60,533 shares of the company’s stock valued at $626,000 after acquiring an additional 20,479 shares during the period. Finally, Betterment LLC boosted its stake in Vert Global Sustainable Real Estate ETF by 38.8% during the fourth quarter. Betterment LLC now owns 89,951 shares of the company’s stock worth $910,000 after acquiring an additional 25,153 shares in the last quarter.

Vert Global Sustainable Real Estate ETF Price Performance

VGSR stock opened at $10.09 on Friday. Vert Global Sustainable Real Estate ETF has a 1 year low of $8.94 and a 1 year high of $11.34. The firm has a 50-day moving average of $10.29 and a 200 day moving average of $10.53. The company has a market cap of $416.62 million, a P/E ratio of 28.10 and a beta of 0.89.

Vert Global Sustainable Real Estate ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Thursday, March 27th were paid a $0.0621 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date of this dividend was Thursday, March 27th.

About Vert Global Sustainable Real Estate ETF

The Vert Global Sustainable Real Estate ETF (VGSR) is an exchange-traded fund that is based on the S&P Global REIT index. The fund is an actively managed portfolio of sustainable real estate companies around the world that exhibit positive ESG characteristics. Portfolio holdings are weighted by modified market capitalization.