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

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 6,900 shares, a growth of 68.3% from the October 31st total of 4,100 shares. Based on an average trading volume of 29,500 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Global X SuperDividend REIT ETF

A number of institutional investors have recently bought and sold shares of SRET. HighTower Advisors LLC bought a new position in shares of Global X SuperDividend REIT ETF in the 3rd quarter worth about $222,000. MML Investors Services LLC bought a new stake in Global X SuperDividend REIT ETF in the third quarter worth approximately $279,000. Axiom Advisory LLC lifted 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 valued at $384,000 after buying an additional 668 shares during the period. Cetera Advisors LLC bought a new position in shares of Global X SuperDividend REIT ETF during the 1st quarter worth approximately $1,596,000. Finally, Cetera Investment Advisers grew its position in shares of 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 worth $1,630,000 after buying an additional 19,952 shares during the period.

Global X SuperDividend REIT ETF Trading Up 0.8 %

NASDAQ:SRET traded up $0.17 on Thursday, reaching $21.44. 20,731 shares of the stock traded hands, compared to its average volume of 32,105. The firm has a market capitalization of $220.83 million, a price-to-earnings 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 company’s 50 day moving average is $21.69 and its 200-day moving average is $21.11.

Global X SuperDividend REIT ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 13th. Investors of record on Tuesday, November 5th were paid a dividend of $0.155 per share. This represents a $1.86 dividend on an annualized basis and a yield of 8.68%. The ex-dividend date was Tuesday, November 5th.

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.