CBRE Global Real Estate Income Fund (NYSE:IGR) Short Interest Up 23.5% in March

CBRE Global Real Estate Income Fund (NYSE:IGR) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 523,700 shares, a growth of 23.5% from the February 28th total of 423,900 shares. Based on an average trading volume of 866,300 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of CBRE Global Real Estate Income Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new position in CBRE Global Real Estate Income Fund in the third quarter worth approximately $67,000. Daymark Wealth Partners LLC acquired a new position in shares of CBRE Global Real Estate Income Fund during the fourth quarter worth approximately $49,000. Centurion Wealth Management LLC bought a new position in shares of CBRE Global Real Estate Income Fund in the 4th quarter worth $50,000. SeaCrest Wealth Management LLC acquired a new stake in CBRE Global Real Estate Income Fund in the 4th quarter valued at $54,000. Finally, Walleye Capital LLC acquired a new stake in CBRE Global Real Estate Income Fund in the 4th quarter valued at $58,000.

CBRE Global Real Estate Income Fund Trading Down 0.5 %

NYSE:IGR traded down $0.03 during trading hours on Tuesday, reaching $5.14. The company had a trading volume of 460,812 shares, compared to its average volume of 650,661. CBRE Global Real Estate Income Fund has a twelve month low of $4.68 and a twelve month high of $6.69. The business’s 50-day simple moving average is $5.21 and its two-hundred day simple moving average is $5.50.

CBRE Global Real Estate Income Fund Announces Dividend

The company also recently announced a dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were paid a $0.06 dividend. The ex-dividend date of this dividend was Thursday, February 20th. This represents a dividend yield of 13.53%.

CBRE Global Real Estate Income Fund Company Profile

CBRE Clarion Global Real Estate Income Fund specializes in investments in various property types, including office, retail, diversified, apartments, industrials, hotels, healthcare, and storage. It invests in the public equity markets across the developed markets of North America, Europe, Australia, and Asia.