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

Global X SuperDividend REIT ETF (NASDAQ:SRET) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 11,300 shares, a decrease of 26.1% from the February 28th total of 15,300 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 45,100 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE raised its holdings in Global X SuperDividend REIT ETF by 22.7% during the fourth quarter. Bank of America Corp DE now owns 59,136 shares of the company’s stock valued at $1,183,000 after acquiring an additional 10,942 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in Global X SuperDividend REIT ETF during the 4th quarter valued at approximately $1,008,000. SBI Securities Co. Ltd. purchased a new position in Global X SuperDividend REIT ETF in the 4th quarter worth approximately $941,000. Jane Street Group LLC boosted its stake in Global X SuperDividend REIT ETF by 13.3% in the 4th quarter. Jane Street Group LLC now owns 21,749 shares of the company’s stock worth $435,000 after purchasing an additional 2,546 shares during the period. Finally, Janney Montgomery Scott LLC grew its holdings in Global X SuperDividend REIT ETF by 79.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 16,625 shares of the company’s stock valued at $333,000 after buying an additional 7,347 shares in the last quarter.

Global X SuperDividend REIT ETF Price Performance

SRET stock opened at $21.02 on Friday. The company has a market cap of $186.24 million, a P/E ratio of 16.17 and a beta of 1.22. Global X SuperDividend REIT ETF has a 1 year low of $18.90 and a 1 year high of $22.88. The stock’s fifty day moving average price is $20.89 and its 200-day moving average price is $21.10.

Global X SuperDividend REIT ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 12th. Investors of record on Wednesday, March 5th were issued a $0.144 dividend. The ex-dividend date was Wednesday, March 5th.

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.