Short Interest in Global X SuperDividend REIT ETF (NASDAQ:SRET) Rises By 27.5%

Global X SuperDividend REIT ETF (NASDAQ:SRET) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 15,300 shares, a growth of 27.5% from the February 13th total of 12,000 shares. Based on an average trading volume of 46,500 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are sold short.

Global X SuperDividend REIT ETF Stock Down 0.4 %

NASDAQ SRET traded down $0.09 on Tuesday, hitting $21.38. 14,269 shares of the stock were exchanged, compared to its average volume of 35,281. The company has a market cap of $189.43 million, a PE ratio of 15.40 and a beta of 1.22. Global X SuperDividend REIT ETF has a fifty-two week low of $18.90 and a fifty-two week high of $22.88. The company has a 50-day moving average price of $20.65 and a 200-day moving average price of $21.15.

Global X SuperDividend REIT ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, March 5th were given a dividend of $0.144 per share. The ex-dividend date was Wednesday, March 5th.

Institutional Trading of Global X SuperDividend REIT ETF

Several institutional investors have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC purchased a new stake in Global X SuperDividend REIT ETF in the 4th quarter valued at $1,008,000. SBI Securities Co. Ltd. purchased a new position in Global X SuperDividend REIT ETF during the 4th quarter worth $941,000. MML Investors Services LLC purchased a new position in Global X SuperDividend REIT ETF during the 3rd quarter worth $279,000. Bank of America Corp DE grew its stake in shares of Global X SuperDividend REIT ETF by 22.7% during the 4th quarter. Bank of America Corp DE now owns 59,136 shares of the company’s stock worth $1,183,000 after purchasing an additional 10,942 shares during the period. Finally, HighTower Advisors LLC acquired a new position in shares of Global X SuperDividend REIT ETF during the 3rd quarter worth $222,000.

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.