CBRE Global Real Estate Income Fund (NYSE:IGR) Stock Short Interest Report for October

CBRE Global Real Estate Income Fund (NYSE:IGR) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 27,358 shares, a decline of 85.2% from the September 30th total of 184,375 shares. Based on an average trading volume of 493,847 shares, the days-to-cover ratio is presently 0.1 days.

CBRE Global Real Estate Income Fund Stock Down 0.0%

Shares of NYSE:IGR traded down $0.01 on Tuesday, hitting $10.79. The company had a trading volume of 290,522 shares, compared to its average volume of 272,858. CBRE Global Real Estate Income Fund has a 52-week low of $10.54 and a 52-week high of $15.13. The business has a 50 day moving average of $12.34 and a 200 day moving average of $13.61.

CBRE Global Real Estate Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Monday, December 21st will be given a dividend of $0.18 per share. This represents a $2.16 dividend on an annualized basis and a yield of 20.0%. The ex-dividend date is Monday, December 21st.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IGR. Two Sigma Securities LLC acquired a new stake in shares of CBRE Global Real Estate Income Fund during the 2nd quarter worth about $47,000. United Capital Financial Advisors LLC purchased a new stake in shares of CBRE Global Real Estate Income Fund during the second quarter worth about $50,000. Occidental Asset Management LLC acquired a new position in shares of CBRE Global Real Estate Income Fund in the second quarter valued at approximately $64,000. Ameritas Advisory Services LLC acquired a new position in shares of CBRE Global Real Estate Income Fund in the second quarter valued at approximately $66,000. Finally, Concurrent Investment Advisors LLC purchased a new position in shares of CBRE Global Real Estate Income Fund during the second quarter valued at approximately $78,000.

CBRE Global Real Estate Income Fund Company Profile

CBRE Global Real Estate Income Fund (NYSE: IGR) is a closed-end investment fund focused on generating current income and, secondarily, long-term capital appreciation through investments in real estate-related securities.

The fund invests in a diversified portfolio of publicly traded real estate companies and real estate investment trusts (REITs), as well as other real estate securities. Its holdings may include common and preferred stocks, debt securities, and other income-producing investments associated with the global real estate industry.

IGR provides exposure to real estate markets across multiple regions, including the United States and international markets.