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

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the recipient of a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 3,200 shares, a decline of 53.6% from the November 15th total of 6,900 shares. Based on an average trading volume of 31,100 shares, the days-to-cover ratio is presently 0.1 days.

Global X SuperDividend REIT ETF Trading Down 1.0 %

Global X SuperDividend REIT ETF stock opened at $20.80 on Thursday. The firm has a market cap of $214.19 million, a P/E ratio of 9.61 and a beta of 1.22. Global X SuperDividend REIT ETF has a 1-year low of $18.90 and a 1-year high of $22.88. The firm has a 50-day moving average of $21.41 and a 200-day moving average of $21.17.

Global X SuperDividend REIT ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 13th. Investors of record on Tuesday, November 5th were issued a dividend of $0.155 per share. The ex-dividend date of this dividend was Tuesday, November 5th. This represents a $1.86 dividend on an annualized basis and a dividend yield of 8.94%.

Institutional Trading of Global X SuperDividend REIT ETF

Several large investors have recently added to or reduced their stakes in SRET. MML Investors Services LLC bought a new position in Global X SuperDividend REIT ETF in the 3rd quarter worth $279,000. HighTower Advisors LLC bought a new position in Global X SuperDividend REIT ETF in the third quarter worth about $222,000. Axiom Advisory LLC raised its stake in Global X SuperDividend REIT ETF by 3.9% in the third quarter. Axiom Advisory LLC now owns 17,874 shares of the company’s stock worth $384,000 after buying an additional 668 shares in the last quarter. Daiwa Securities Group Inc. lifted its holdings in Global X SuperDividend REIT ETF by 28.4% in the second quarter. Daiwa Securities Group Inc. now owns 1,040,000 shares of the company’s stock worth $20,738,000 after buying an additional 230,000 shares during the period. Finally, Cetera Investment Advisers boosted its position in Global X SuperDividend REIT ETF by 33.4% during the 1st quarter. Cetera Investment Advisers now owns 79,756 shares of the company’s stock valued at $1,630,000 after acquiring an additional 19,952 shares in 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.