Global X SuperDividend REIT ETF (NASDAQ:SRET) Sees Significant Increase in Short Interest

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 45,535 shares, an increase of 330.9% from the July 30th total of 10,567 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 33,946 shares, the short-interest ratio is currently 1.3 days.

Global X SuperDividend REIT ETF Price Performance

Shares of Global X SuperDividend REIT ETF stock traded up $0.04 during trading hours on Thursday, hitting $22.33. The company’s stock had a trading volume of 26,791 shares, compared to its average volume of 44,576. The company has a market capitalization of $229.78 million, a PE ratio of 16.47 and a beta of 0.85. The stock has a 50 day moving average of $22.61 and a 200 day moving average of $22.37. Global X SuperDividend REIT ETF has a 12 month low of $20.72 and a 12 month high of $23.48.

Global X SuperDividend REIT ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, August 12th. Investors of record on Wednesday, August 5th were given a $0.1822 dividend. The ex-dividend date was Wednesday, August 5th. This represents a c) annualized dividend and a dividend yield of 9.8%.

Institutional Trading of Global X SuperDividend REIT ETF

Large investors have recently bought and sold shares of the business. Raymond James Financial Inc. bought a new position in Global X SuperDividend REIT ETF in the second quarter valued at approximately $157,000. Sei Investments Co. acquired a new position in shares of Global X SuperDividend REIT ETF in the first quarter valued at approximately $218,000. Sykon Capital LLC bought a new stake in shares of Global X SuperDividend REIT ETF during the fourth quarter worth $224,000. Family Management Corp bought a new stake in shares of Global X SuperDividend REIT ETF during the third quarter worth $289,000. Finally, Advyzon Investment Management LLC increased its position in shares of Global X SuperDividend REIT ETF by 7.2% during the fourth quarter. Advyzon Investment Management LLC now owns 17,484 shares of the company’s stock worth $381,000 after acquiring an additional 1,174 shares in the last quarter.

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.