The Intelligent Real Estate ETF (NASDAQ:REAI) Sees Large Growth in Short Interest

The Intelligent Real Estate ETF (NASDAQ:REAI) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 500 shares, an increase of 400.0% from the February 28th total of 100 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 600 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On Intelligent Real Estate ETF

An institutional investor recently raised its position in Intelligent Real Estate ETF stock. Seneca House Advisors boosted its position in shares of The Intelligent Real Estate ETF (NASDAQ:REAI) by 2.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 98,838 shares of the company’s stock after buying an additional 2,313 shares during the period. Intelligent Real Estate ETF makes up approximately 0.8% of Seneca House Advisors’ investment portfolio, making the stock its 29th largest position. Seneca House Advisors owned about 58.14% of Intelligent Real Estate ETF worth $2,068,000 at the end of the most recent reporting period.

Intelligent Real Estate ETF Trading Up 0.4 %

Shares of Intelligent Real Estate ETF stock traded up $0.08 during trading on Wednesday, hitting $20.17. 723 shares of the stock were exchanged, compared to its average volume of 457. Intelligent Real Estate ETF has a 1-year low of $18.39 and a 1-year high of $23.33. The company has a fifty day moving average price of $20.66 and a 200-day moving average price of $21.57. The stock has a market capitalization of $3.43 million, a price-to-earnings ratio of 25.69 and a beta of 1.03.

Intelligent Real Estate ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 27th were paid a dividend of $0.1177 per share. 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.