The Intelligent Real Estate ETF (NASDAQ:REAI – Get Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 169 shares, a growth of 152.2% from the August 15th total of 67 shares. Based on an average daily volume of 56 shares, the short-interest ratio is currently 3.0 days. Currently, 0.3% of the shares of the stock are short sold.
Institutional Investors Weigh In On Intelligent Real Estate ETF
A hedge fund recently bought a new stake in Intelligent Real Estate ETF stock. Jane Street Group LLC purchased a new stake in shares of The Intelligent Real Estate ETF (NASDAQ:REAI – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 46,351 shares of the company’s stock, valued at approximately $872,000. Jane Street Group LLC owned approximately 92.70% of Intelligent Real Estate ETF at the end of the most recent quarter.
Intelligent Real Estate ETF Stock Up 0.7%
NASDAQ:REAI opened at $21.02 on Friday. The firm has a market capitalization of $1.05 million, a PE ratio of 24.84 and a beta of 0.97. Intelligent Real Estate ETF has a twelve month low of $18.30 and a twelve month high of $21.95. The stock’s 50-day simple moving average is $21.48 and its 200 day simple moving average is $21.15.
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. REAI was launched on Jun 13, 2023 and is issued by Armada ETF Advisors.
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