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

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the target of a large increase in short interest during the month of 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.

Hedge Funds Weigh In On Global X SuperDividend REIT ETF

Hedge funds have recently bought and sold shares of the business. Daiwa Securities Group Inc. raised its holdings in shares of Global X SuperDividend REIT ETF by 24.6% during the third quarter. Daiwa Securities Group Inc. now owns 810,000 shares of the company’s stock valued at $16,289,000 after purchasing an additional 160,000 shares during the last quarter. Gladstone Institutional Advisory LLC bought a new stake in Global X SuperDividend REIT ETF in the 4th quarter worth approximately $231,000. Raymond James Financial Services Advisors Inc. purchased a new stake in Global X SuperDividend REIT ETF during the 4th quarter valued at $224,000. Sykon Capital LLC bought a new position in shares of Global X SuperDividend REIT ETF during the 4th quarter valued at $203,000. Finally, LPL Financial LLC lifted its holdings in shares of Global X SuperDividend REIT ETF by 1.4% during the 3rd quarter. LPL Financial LLC now owns 516,497 shares of the company’s stock valued at $10,387,000 after buying an additional 7,179 shares during the period.

Global X SuperDividend REIT ETF Stock Up 0.4 %

Shares of Global X SuperDividend REIT ETF stock traded up $0.07 on Friday, reaching $19.63. The company’s stock had a trading volume of 30,922 shares, compared to its average volume of 34,974. Global X SuperDividend REIT ETF has a 52 week low of $18.06 and a 52 week high of $22.99. The firm’s fifty day simple moving average is $19.83 and its two-hundred day simple moving average is $20.27. The company has a market capitalization of $212.20 million, a price-to-earnings ratio of 9.32 and a beta of 1.22.

Global X SuperDividend REIT ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, April 4th were issued a $0.135 dividend. The ex-dividend date was Wednesday, April 3rd. This represents a $1.62 annualized dividend and a yield of 8.25%.

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.