CBRE Global Real Estate Income Fund (NYSE:IGR) Short Interest Update

CBRE Global Real Estate Income Fund (NYSE:IGR) was the target of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 423,900 shares, a decrease of 45.3% from the February 13th total of 774,900 shares. Based on an average daily volume of 869,300 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of CBRE Global Real Estate Income Fund

Several institutional investors have recently bought and sold shares of the stock. Janney Montgomery Scott LLC lifted its holdings in shares of CBRE Global Real Estate Income Fund by 13.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 50,868 shares of the closed-end fund’s stock valued at $245,000 after acquiring an additional 5,953 shares during the period. Pacific Wealth Strategies Group Inc. lifted its holdings in CBRE Global Real Estate Income Fund by 4.4% during the 4th quarter. Pacific Wealth Strategies Group Inc. now owns 694,341 shares of the closed-end fund’s stock valued at $3,340,000 after purchasing an additional 29,088 shares during the last quarter. Daymark Wealth Partners LLC acquired a new position in CBRE Global Real Estate Income Fund in the fourth quarter valued at about $49,000. SeaCrest Wealth Management LLC acquired a new position in CBRE Global Real Estate Income Fund in the fourth quarter valued at about $54,000. Finally, Jane Street Group LLC bought a new stake in CBRE Global Real Estate Income Fund during the third quarter worth about $67,000.

CBRE Global Real Estate Income Fund Stock Performance

Shares of NYSE IGR traded up $0.03 during trading hours on Friday, reaching $5.15. The stock had a trading volume of 301,267 shares, compared to its average volume of 643,596. The business’s fifty day moving average is $5.17 and its two-hundred day moving average is $5.62. CBRE Global Real Estate Income Fund has a twelve month low of $4.68 and a twelve month high of $6.69.

CBRE Global Real Estate Income Fund Announces Dividend

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

CBRE Global Real Estate Income Fund Company Profile

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.