NETLease Corporate Real Estate ETF (NYSEARCA:NETL) Short Interest Update

NETLease Corporate Real Estate ETF (NYSEARCA:NETL) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 25,508 shares, an increase of 78.9% from the August 31st total of 14,255 shares. Approximately 1.3% of the company’s stock are sold short. Based on an average trading volume of 34,767 shares, the short-interest ratio is currently 0.7 days.

NETLease Corporate Real Estate ETF Stock Up 0.1%

NYSEARCA:NETL traded up $0.02 during trading hours on Tuesday, hitting $24.14. 14,781 shares of the company traded hands, compared to its average volume of 13,086. The company has a market cap of $48.28 million, a PE ratio of -31.76 and a beta of 0.83. The firm’s 50-day simple moving average is $26.28 and its 200-day simple moving average is $26.27. NETLease Corporate Real Estate ETF has a one year low of $23.56 and a one year high of $28.43.

Institutional Investors Weigh In On NETLease Corporate Real Estate ETF

A hedge fund recently bought a new position in NETLease Corporate Real Estate ETF stock. Continuum Advisory LLC acquired a new stake in shares of NETLease Corporate Real Estate ETF (NYSEARCA:NETL) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 1,995 shares of the company’s stock, valued at approximately $53,000. Continuum Advisory LLC owned approximately 0.10% of NETLease Corporate Real Estate ETF as of its most recent filing with the SEC. Institutional investors own 83.51% of the company’s stock.

NETLease Corporate Real Estate ETF Company Profile

The fundamental Income Net Lease Real Estate ETF (NETL) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index that provides current income by investing in net lease US real estate equities weighted by a modified market-cap strategy. NETL was launched on Mar 22, 2019 and is managed by NETL.