Short Interest in Global X SuperDividend REIT ETF (NASDAQ:SRET) Expands By 47.8%

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 3,400 shares, an increase of 47.8% from the March 31st total of 2,300 shares. Based on an average daily volume of 36,700 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Global X SuperDividend REIT ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Sykon Capital LLC purchased a new position in shares of Global X SuperDividend REIT ETF during the 4th quarter valued at approximately $203,000. Raymond James Financial Services Advisors Inc. bought a new position in Global X SuperDividend REIT ETF during the 4th quarter valued at $224,000. Gladstone Institutional Advisory LLC acquired a new position in Global X SuperDividend REIT ETF during the 4th quarter worth $231,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in Global X SuperDividend REIT ETF by 1.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 325,225 shares of the company’s stock worth $7,194,000 after acquiring an additional 4,380 shares in the last quarter. Finally, LPL Financial LLC increased its position in shares of Global X SuperDividend REIT ETF by 1.4% in the 3rd quarter. LPL Financial LLC now owns 516,497 shares of the company’s stock worth $10,387,000 after purchasing an additional 7,179 shares during the last quarter.

Global X SuperDividend REIT ETF Price Performance

Global X SuperDividend REIT ETF stock traded up $0.15 during midday trading on Monday, hitting $19.78. 168,157 shares of the stock were exchanged, compared to its average volume of 36,598. The company has a 50 day moving average price of $19.82 and a two-hundred day moving average price of $20.29. The firm has a market cap of $213.82 million, a P/E ratio of 9.32 and a beta of 1.22. Global X SuperDividend REIT ETF has a 1 year low of $18.06 and a 1 year high of $22.99.

Global X SuperDividend REIT ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, April 4th were paid a dividend of $0.135 per share. The ex-dividend date was Wednesday, April 3rd. This represents a $1.62 dividend on an annualized basis and a yield of 8.19%.

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.