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

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the recipient of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 28,700 shares, an increase of 96.6% from the January 15th total of 14,600 shares. Based on an average daily volume of 46,400 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On Global X SuperDividend REIT ETF

Several institutional investors and hedge funds have recently modified their holdings of SRET. Crews Bank & Trust bought a new stake in shares of Global X SuperDividend REIT ETF in the 4th quarter worth $64,000. Janney Montgomery Scott LLC increased its stake in shares of Global X SuperDividend REIT ETF by 79.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 16,625 shares of the company’s stock worth $333,000 after purchasing an additional 7,347 shares in the last quarter. HighTower Advisors LLC bought a new position in shares of Global X SuperDividend REIT ETF in the third quarter worth about $222,000. MML Investors Services LLC bought a new stake in Global X SuperDividend REIT ETF during the 3rd quarter worth approximately $279,000. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Global X SuperDividend REIT ETF during the 4th quarter valued at $941,000.

Global X SuperDividend REIT ETF Stock Performance

Shares of NASDAQ SRET traded up $0.27 during midday trading on Thursday, hitting $20.81. 26,773 shares of the company traded hands, compared to its average volume of 62,885. Global X SuperDividend REIT ETF has a 12-month low of $18.90 and a 12-month high of $22.88. The firm has a market cap of $184.33 million, a P/E ratio of 9.61 and a beta of 1.22. The stock has a 50-day moving average price of $20.31 and a 200 day moving average price of $21.18.

Global X SuperDividend REIT ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 12th. Stockholders of record on Wednesday, February 5th were issued a dividend of $0.148 per share. The ex-dividend date of this dividend was Wednesday, February 5th.

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.