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

Global X SuperDividend REIT ETF (NASDAQ:SRET) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 3,400 shares, a growth 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 currently 0.1 days.

Global X SuperDividend REIT ETF Stock Up 0.4 %

Shares of SRET traded up $0.07 during mid-day trading 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. The business has a fifty day moving average of $19.83 and a 200 day moving average of $20.28. The company has a market cap of $212.20 million, a price-to-earnings 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 announced a monthly dividend, which was paid on Thursday, April 11th. Stockholders 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 dividend on an annualized basis and a dividend yield of 8.25%.

Institutional Trading of Global X SuperDividend REIT ETF

A number of hedge funds have recently modified their holdings of SRET. Daiwa Securities Group Inc. lifted its holdings in shares of Global X SuperDividend REIT ETF by 24.6% in 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 in the last quarter. Gladstone Institutional Advisory LLC purchased a new stake in shares of Global X SuperDividend REIT ETF in the fourth quarter valued at $231,000. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Global X SuperDividend REIT ETF in the fourth quarter valued at $224,000. Sykon Capital LLC purchased a new stake in shares of Global X SuperDividend REIT ETF during the fourth quarter worth $203,000. Finally, LPL Financial LLC raised its holdings in shares of Global X SuperDividend REIT ETF by 1.4% during the third quarter. LPL Financial LLC now owns 516,497 shares of the company’s stock worth $10,387,000 after acquiring an additional 7,179 shares in the last quarter.

Global X SuperDividend REIT ETF Company Profile

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.