The Intelligent Real Estate ETF (NASDAQ:REAI) Short Interest Update

The Intelligent Real Estate ETF (NASDAQ:REAI) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 4 shares, a drop of 93.1% from the July 15th total of 58 shares. Based on an average trading volume of 261 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On Intelligent Real Estate ETF

A hedge fund recently bought a new stake in Intelligent Real Estate ETF stock. Jane Street Group LLC acquired a new stake in The Intelligent Real Estate ETF (NASDAQ:REAI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 46,351 shares of the company’s stock, valued at approximately $872,000. Jane Street Group LLC owned about 92.70% of Intelligent Real Estate ETF as of its most recent SEC filing.

Intelligent Real Estate ETF Stock Up 0.0%

Shares of REAI stock traded up $0.00 on Tuesday, reaching $21.38. The stock had a trading volume of 74 shares, compared to its average volume of 233. The firm’s 50-day moving average is $21.42 and its two-hundred day moving average is $20.96. The firm has a market capitalization of $1.07 million, a price-to-earnings ratio of 24.84 and a beta of 0.98. Intelligent Real Estate ETF has a 12 month low of $18.30 and a 12 month high of $21.92.

Intelligent Real Estate ETF Company Profile

The Tidal ETF Trust Intelligent Real Estate ETF (REAI) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed fund that invests primarily in US-listed commercial REITs that provide qualitative characteristics of a portfolio of public, non-traded REITs. The fund also invests, to a lesser extent, in mortgage-backed securities. REAI was launched on Jun 13, 2023 and is issued by Armada ETF Advisors.