Short Interest in The Intelligent Real Estate ETF (NASDAQ:REAI) Decreases By 50.0%

The Intelligent Real Estate ETF (NASDAQ:REAI) was the target of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 900 shares, a drop of 50.0% from the January 15th total of 1,800 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 2.3 days.

Institutional Trading of Intelligent Real Estate ETF

An institutional investor recently raised its position in Intelligent Real Estate ETF stock. Seneca House Advisors raised its stake in The Intelligent Real Estate ETF (NASDAQ:REAI) by 2.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 98,838 shares of the company’s stock after buying an additional 2,313 shares during the quarter. Intelligent Real Estate ETF accounts for about 0.8% of Seneca House Advisors’ holdings, making the stock its 29th biggest position. Seneca House Advisors owned approximately 58.14% of Intelligent Real Estate ETF worth $2,068,000 as of its most recent filing with the SEC.

Intelligent Real Estate ETF Stock Performance

Shares of REAI stock traded down $0.04 on Thursday, reaching $20.77. 51 shares of the company’s stock traded hands, compared to its average volume of 277. The company has a market capitalization of $3.53 million, a P/E ratio of 28.79 and a beta of 1.03. Intelligent Real Estate ETF has a 12-month low of $18.39 and a 12-month high of $23.33. The business’s 50 day moving average price is $21.01 and its two-hundred day moving average price is $21.78.

Intelligent Real Estate ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 27th were issued a $0.1177 dividend. The ex-dividend date of this dividend was Friday, December 27th.

About Intelligent Real Estate ETF

The Tidal ETF Trust Intelligent Real Estate ETF (REAI) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed fund that invests primarily in US-listed commercial REITs that provide qualitative characteristics of a portfolio of public, non-traded REITs. The fund also invests, to a lesser extent, in mortgage-backed securities.