Global X SuperDividend REIT ETF (NASDAQ:SRET) Sees Large Increase in Short Interest

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 15,300 shares, a growth of 27.5% from the February 13th total of 12,000 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 46,500 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Global X SuperDividend REIT ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Crews Bank & Trust acquired a new stake in Global X SuperDividend REIT ETF in the 4th quarter worth about $64,000. HighTower Advisors LLC acquired a new position in shares of Global X SuperDividend REIT ETF in the 3rd quarter valued at approximately $222,000. MML Investors Services LLC acquired a new position in shares of Global X SuperDividend REIT ETF in the 3rd quarter valued at approximately $279,000. Janney Montgomery Scott LLC raised its position in shares of Global X SuperDividend REIT ETF by 79.2% in 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. Finally, Jane Street Group LLC raised its position in shares of 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 valued at $435,000 after buying an additional 2,546 shares in the last quarter.

Global X SuperDividend REIT ETF Stock Down 0.3 %

Shares of Global X SuperDividend REIT ETF stock opened at $21.41 on Wednesday. Global X SuperDividend REIT ETF has a twelve month low of $18.90 and a twelve month high of $22.88. The company has a 50-day simple moving average of $20.68 and a two-hundred day simple moving average of $21.14. The stock has a market capitalization of $189.69 million, a price-to-earnings ratio of 16.17 and a beta of 1.29.

Global X SuperDividend REIT ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 12th. Shareholders of record on Wednesday, March 5th were paid a $0.144 dividend. The ex-dividend date was Wednesday, March 5th.

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.