CBRE Global Real Estate Income Fund (NYSE:IGR) Short Interest Up 23.5% in March

CBRE Global Real Estate Income Fund (NYSE:IGRGet Free Report) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 523,700 shares, a growth of 23.5% from the February 28th total of 423,900 shares. Based on an average trading volume of 866,300 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On CBRE Global Real Estate Income Fund

Institutional investors have recently made changes to their positions in the company. Jane Street Group LLC bought a new position in CBRE Global Real Estate Income Fund during the 3rd quarter worth about $67,000. Daymark Wealth Partners LLC bought a new position in shares of CBRE Global Real Estate Income Fund during the fourth quarter valued at approximately $49,000. Centurion Wealth Management LLC bought a new position in shares of CBRE Global Real Estate Income Fund during the fourth quarter valued at approximately $50,000. SeaCrest Wealth Management LLC purchased a new position in CBRE Global Real Estate Income Fund during the fourth quarter valued at approximately $54,000. Finally, Walleye Capital LLC bought a new position in CBRE Global Real Estate Income Fund in the fourth quarter worth approximately $58,000.

CBRE Global Real Estate Income Fund Stock Up 0.6 %

Shares of NYSE IGR traded up $0.03 during trading hours on Wednesday, reaching $5.17. The stock had a trading volume of 487,995 shares, compared to its average volume of 651,276. The business’s fifty day moving average price is $5.21 and its two-hundred day moving average price is $5.50. CBRE Global Real Estate Income Fund has a 52-week low of $4.68 and a 52-week high of $6.69.

CBRE Global Real Estate Income Fund Announces Dividend

The company also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were issued a $0.06 dividend. This represents a dividend yield of 13.53%. The ex-dividend date of this dividend was Thursday, February 20th.

CBRE Global Real Estate Income Fund Company Profile

(Get Free Report)

CBRE Clarion Global Real Estate Income Fund specializes in investments in various property types, including office, retail, diversified, apartments, industrials, hotels, healthcare, and storage. It invests in the public equity markets across the developed markets of North America, Europe, Australia, and Asia.

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