Global X SuperDividend REIT ETF (NASDAQ:SRET) Short Interest Down 75.0% in December

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 800 shares, a decline of 75.0% from the November 30th total of 3,200 shares. Based on an average daily trading volume, of 33,000 shares, the short-interest ratio is presently 0.0 days.

Global X SuperDividend REIT ETF Stock Performance

Shares of NASDAQ SRET traded down $0.13 during mid-day trading on Friday, hitting $20.07. The stock had a trading volume of 33,382 shares, compared to its average volume of 32,276. The firm has a market cap of $206.72 million, a PE ratio of 9.61 and a beta of 1.22. The company has a 50 day moving average of $21.05 and a two-hundred day moving average of $21.21. Global X SuperDividend REIT ETF has a twelve month low of $18.90 and a twelve month high of $22.88.

Global X SuperDividend REIT ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 13th. Stockholders of record on Tuesday, November 5th were issued a $0.155 dividend. This represents a $1.86 dividend on an annualized basis and a dividend yield of 9.27%. The ex-dividend date of this dividend was Tuesday, November 5th.

Institutional Investors Weigh In On Global X SuperDividend REIT ETF

A number of institutional investors and hedge funds have recently modified their holdings of SRET. Daiwa Securities Group Inc. increased its holdings in Global X SuperDividend REIT ETF by 28.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 1,040,000 shares of the company’s stock worth $20,738,000 after buying an additional 230,000 shares during the period. MML Investors Services LLC purchased a new stake in shares of Global X SuperDividend REIT ETF in the 3rd quarter valued at $279,000. HighTower Advisors LLC purchased a new stake in shares of Global X SuperDividend REIT ETF in the 3rd quarter valued at $222,000. Finally, Axiom Advisory LLC increased its stake in shares of Global X SuperDividend REIT ETF by 3.9% in the third quarter. Axiom Advisory LLC now owns 17,874 shares of the company’s stock worth $384,000 after acquiring an additional 668 shares during the period.

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.