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

Global X SuperDividend REIT ETF (NASDAQ:SRET) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 23,100 shares, a growth of 104.4% from the March 15th total of 11,300 shares. Based on an average daily volume of 46,300 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the company’s stock are sold short.

Global X SuperDividend REIT ETF Trading Up 0.6 %

Global X SuperDividend REIT ETF stock opened at $19.75 on Thursday. Global X SuperDividend REIT ETF has a 52 week low of $18.09 and a 52 week high of $22.88. The stock has a market cap of $174.99 million, a P/E ratio of 15.00 and a beta of 1.22. The stock has a 50 day moving average of $20.70 and a 200-day moving average of $20.84.

Global X SuperDividend REIT ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, April 3rd were issued a dividend of $0.144 per share. This represents a $1.73 annualized dividend and a yield of 8.75%. The ex-dividend date of this dividend was Thursday, April 3rd.

Institutional Investors Weigh In On Global X SuperDividend REIT ETF

Several hedge funds and other institutional investors have recently modified their holdings of SRET. Crews Bank & Trust acquired a new position in Global X SuperDividend REIT ETF in the fourth quarter worth about $64,000. HighTower Advisors LLC bought a new position in Global X SuperDividend REIT ETF during the 3rd quarter worth approximately $222,000. MML Investors Services LLC acquired a new position in shares of Global X SuperDividend REIT ETF in the 3rd quarter worth approximately $279,000. Janney Montgomery Scott LLC increased 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 valued at $333,000 after acquiring an additional 7,347 shares during the last quarter. Finally, Jane Street Group LLC increased its holdings in shares of Global X SuperDividend REIT ETF by 13.3% in the 4th quarter. Jane Street Group LLC now owns 21,749 shares of the company’s stock valued at $435,000 after acquiring an additional 2,546 shares during the last quarter.

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.