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

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the target of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 11,300 shares, a drop of 26.1% from the February 28th total of 15,300 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 45,100 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Global X SuperDividend REIT ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in SRET. Jane Street Group LLC grew its position in Global X SuperDividend REIT ETF by 13.3% in the fourth quarter. Jane Street Group LLC now owns 21,749 shares of the company’s stock worth $435,000 after buying an additional 2,546 shares during the last quarter. Crews Bank & Trust acquired a new position in shares of Global X SuperDividend REIT ETF in the 4th quarter worth $64,000. Janney Montgomery Scott LLC grew its holdings in shares of Global X SuperDividend REIT ETF by 79.2% in the 4th 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 last quarter. HighTower Advisors LLC acquired a new stake in shares of Global X SuperDividend REIT ETF during the third quarter worth $222,000. Finally, Bank of America Corp DE lifted its stake in Global X SuperDividend REIT ETF by 22.7% during the fourth quarter. Bank of America Corp DE now owns 59,136 shares of the company’s stock valued at $1,183,000 after buying an additional 10,942 shares in the last quarter.

Global X SuperDividend REIT ETF Stock Up 0.8 %

SRET traded up $0.18 during trading on Monday, reaching $21.20. The stock had a trading volume of 9,693 shares, compared to its average volume of 35,170. Global X SuperDividend REIT ETF has a 1-year low of $18.90 and a 1-year high of $22.88. The firm has a market capitalization of $187.79 million, a price-to-earnings ratio of 16.17 and a beta of 1.22. The stock has a 50 day moving average of $20.89 and a two-hundred day moving average of $21.10.

Global X SuperDividend REIT ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 12th. Investors of record on Wednesday, March 5th were paid a dividend of $0.144 per share. The ex-dividend date of this dividend was Wednesday, March 5th.

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.