Global X SuperDividend REIT ETF (NASDAQ:SRET) Short Interest Update

Global X SuperDividend REIT ETF (NASDAQ:SRET) saw a significant decline in short interest in February. As of February 15th, there was short interest totalling 12,000 shares, a decline of 58.2% from the January 31st total of 28,700 shares. Based on an average daily volume of 47,400 shares, the short-interest ratio is presently 0.3 days.

Global X SuperDividend REIT ETF Stock Up 0.7 %

Shares of Global X SuperDividend REIT ETF stock opened at $21.32 on Friday. The stock’s 50-day simple moving average is $20.41 and its 200-day simple moving average is $21.18. Global X SuperDividend REIT ETF has a 52 week low of $18.90 and a 52 week high of $22.88. The company has a market capitalization of $188.90 million, a price-to-earnings ratio of 9.61 and a beta of 1.22.

Global X SuperDividend REIT ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 12th. Investors of record on Wednesday, February 5th were given a $0.148 dividend. The ex-dividend date was Wednesday, February 5th.

Institutional Investors Weigh In On Global X SuperDividend REIT ETF

A number of hedge funds have recently made changes to their positions in the company. HighTower Advisors LLC bought a new stake in Global X SuperDividend REIT ETF during the third quarter worth approximately $222,000. MML Investors Services LLC bought a new stake in Global X SuperDividend REIT ETF during the third quarter worth approximately $279,000. Janney Montgomery Scott LLC increased its stake in Global X SuperDividend REIT ETF by 79.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 16,625 shares of the company’s stock worth $333,000 after acquiring an additional 7,347 shares during the last quarter. Crews Bank & Trust bought a new stake in Global X SuperDividend REIT ETF during the fourth quarter worth approximately $64,000. Finally, SBI Securities Co. Ltd. bought a new stake in Global X SuperDividend REIT ETF during the fourth quarter worth approximately $941,000.

Global X SuperDividend REIT ETF Company Profile

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.