Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) Sees Significant Growth in Short Interest

Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 68,284 shares, an increase of 91.7% from the September 15th total of 35,616 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 97,318 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Red Lighthouse Investment Management LLC raised its position in shares of Vert Global Sustainable Real Estate ETF by 0.6% during the 2nd quarter. Red Lighthouse Investment Management LLC now owns 231,474 shares of the company’s stock worth $2,635,000 after purchasing an additional 1,387 shares during the last quarter. SOA Wealth Advisors LLC. grew its position in shares of Vert Global Sustainable Real Estate ETF by 3.2% in the first quarter. SOA Wealth Advisors LLC. now owns 540,065 shares of the company’s stock valued at $5,579,000 after purchasing an additional 16,747 shares in the last quarter. Finally, Koss Olinger Consulting LLC grew its position in shares of Vert Global Sustainable Real Estate ETF by 1.5% in the first quarter. Koss Olinger Consulting LLC now owns 259,627 shares of the company’s stock valued at $2,682,000 after purchasing an additional 3,813 shares in the last quarter.

Vert Global Sustainable Real Estate ETF Stock Performance

Shares of NASDAQ:VGSR opened at $10.63 on Wednesday. The stock has a market capitalization of $479.14 million, a price-to-earnings ratio of 30.34 and a beta of 0.71. Vert Global Sustainable Real Estate ETF has a 1-year low of $9.96 and a 1-year high of $12.26. The company’s fifty day moving average is $11.12 and its two-hundred day moving average is $11.19.

Vert Global Sustainable Real Estate ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Thursday, September 24th were paid a $0.0601 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Thursday, September 24th.

Vert Global Sustainable Real Estate ETF Company Profile

The Vert Global Sustainable Real Estate ETF (VGSR) is an exchange-traded fund that is based on the S&P Global REIT index. The fund is an actively managed portfolio of sustainable real estate companies around the world that exhibit positive ESG characteristics. Portfolio holdings are weighted by modified market capitalization. VGSR was launched on Oct 31, 2017 and is issued by Vert.