Global X SuperDividend REIT ETF (NASDAQ:SRET) Short Interest Down 77.8% in June

Global X SuperDividend REIT ETF (NASDAQ:SRET) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 6,980 shares, a decrease of 77.8% from the May 31st total of 31,378 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 35,094 shares, the short-interest ratio is presently 0.2 days.

Global X SuperDividend REIT ETF Price Performance

Global X SuperDividend REIT ETF stock opened at $22.71 on Friday. Global X SuperDividend REIT ETF has a 12-month low of $20.72 and a 12-month high of $23.09. The stock has a market capitalization of $237.09 million, a PE ratio of 16.47 and a beta of 0.85. The firm has a 50 day simple moving average of $22.44 and a 200-day simple moving average of $22.23.

Global X SuperDividend REIT ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, June 3rd were given a $0.153 dividend. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date was Wednesday, June 3rd.

Hedge Funds Weigh In On Global X SuperDividend REIT ETF

Several hedge funds have recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in shares of Global X SuperDividend REIT ETF in the 2nd quarter worth $157,000. Sei Investments Co. bought a new position in Global X SuperDividend REIT ETF during the first quarter valued at about $218,000. Sykon Capital LLC bought a new position in Global X SuperDividend REIT ETF during the fourth quarter valued at about $224,000. Family Management Corp acquired a new position in Global X SuperDividend REIT ETF during the third quarter worth about $289,000. Finally, Advyzon Investment Management LLC grew its holdings in Global X SuperDividend REIT ETF by 7.2% during the fourth quarter. Advyzon Investment Management LLC now owns 17,484 shares of the company’s stock worth $381,000 after acquiring an additional 1,174 shares during the period.

About Global X SuperDividend REIT ETF

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.