The Intelligent Real Estate ETF (NASDAQ:REAI – Get Free Report) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 100 shares, a drop of 75.0% from the February 13th total of 400 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 500 shares, the short-interest ratio is currently 0.2 days.
Hedge Funds Weigh In On Intelligent Real Estate ETF
A hedge fund recently raised its stake in Intelligent Real Estate ETF stock. Seneca House Advisors increased its position in shares of The Intelligent Real Estate ETF (NASDAQ:REAI – Free Report) by 2.4% in the 4th 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 purchasing an additional 2,313 shares during the period. Intelligent Real Estate ETF makes up approximately 0.8% of Seneca House Advisors’ 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 quarter.
Intelligent Real Estate ETF Stock Performance
REAI opened at $20.76 on Thursday. The stock has a market capitalization of $3.53 million, a P/E ratio of 25.90 and a beta of 1.03. Intelligent Real Estate ETF has a one year low of $18.39 and a one year high of $23.33. The business’s 50-day simple moving average is $20.72 and its 200-day simple moving average is $21.69.
Intelligent Real Estate ETF Announces Dividend
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.
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