NETLease Corporate Real Estate ETF (NYSEARCA:NETL – Get Free Report) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 25,508 shares, a growth of 78.9% from the August 31st total of 14,255 shares. Based on an average daily volume of 34,767 shares, the short-interest ratio is currently 0.7 days. Currently, 1.3% of the shares of the stock are short sold.
Institutional Trading of NETLease Corporate Real Estate ETF
An institutional investor recently bought a new position in NETLease Corporate Real Estate ETF stock. Continuum Advisory LLC acquired a new position in shares of NETLease Corporate Real Estate ETF (NYSEARCA:NETL – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,995 shares of the company’s stock, valued at approximately $53,000. Continuum Advisory LLC owned approximately 0.10% of NETLease Corporate Real Estate ETF at the end of the most recent reporting period. 83.51% of the stock is owned by institutional investors.
NETLease Corporate Real Estate ETF Price Performance
Shares of NETLease Corporate Real Estate ETF stock traded down $0.35 during trading on Thursday, reaching $23.54. 2,877 shares of the stock traded hands, compared to its average volume of 13,246. NETLease Corporate Real Estate ETF has a 52-week low of $23.51 and a 52-week high of $28.43. The business has a fifty day simple moving average of $26.12 and a two-hundred day simple moving average of $26.25. The company has a market capitalization of $47.08 million, a price-to-earnings ratio of -30.97 and a beta of 0.83.
About NETLease Corporate Real Estate ETF
The fundamental Income Net Lease Real Estate ETF (NETL) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index that provides current income by investing in net lease US real estate equities weighted by a modified market-cap strategy. NETL was launched on Mar 22, 2019 and is managed by NETL.
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