Short Interest in Global X SuperDividend REIT ETF (NASDAQ:SRET) Rises By 679.4%

by · The Cerbat Gem

Global X SuperDividend REIT ETF (NASDAQ:SRET – Get Free Report) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 26,500 shares, a growth of 679.4% from the September 30th total of 3,400 shares. Based on an average daily trading volume, of 26,700 shares, the short-interest ratio is currently 1.0 days.

Institutional Trading of Global X SuperDividend REIT ETF

A number of institutional investors have recently bought and sold shares of SRET. Axiom Advisory LLC boosted its position in shares of Global X SuperDividend REIT ETF by 3.9% in the 3rd quarter. Axiom Advisory LLC now owns 17,874 shares of the company’s stock worth $384,000 after purchasing an additional 668 shares during the last quarter. Daiwa Securities Group Inc. grew its position in shares of Global X SuperDividend REIT ETF by 28.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 1,040,000 shares of the company’s stock worth $20,738,000 after buying an additional 230,000 shares during the period. Cetera Advisors LLC bought a new stake in shares of Global X SuperDividend REIT ETF in the 1st quarter valued at about $1,596,000. Cetera Investment Advisers raised its position in shares of Global X SuperDividend REIT ETF by 33.4% in the 1st quarter. Cetera Investment Advisers now owns 79,756 shares of the company’s stock valued at $1,630,000 after acquiring an additional 19,952 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in shares of Global X SuperDividend REIT ETF by 4.5% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 339,792 shares of the company’s stock valued at $7,132,000 after acquiring an additional 14,567 shares during the period.

Global X SuperDividend REIT ETF Stock Performance

Global X SuperDividend REIT ETF stock traded down $0.20 during trading hours on Friday, reaching $21.49. 12,851 shares of the company’s stock traded hands, compared to its average volume of 31,776. The firm has a market capitalization of $221.35 million, a price-to-earnings ratio of 9.61 and a beta of 1.22. Global X SuperDividend REIT ETF has a fifty-two week low of $18.06 and a fifty-two week high of $22.88. The firm’s 50 day moving average is $22.04 and its 200-day moving average is $20.83.

Global X SuperDividend REIT ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 10th. Shareholders of record on Thursday, October 3rd were paid a $0.155 dividend. The ex-dividend date was Thursday, October 3rd. This represents a $1.86 dividend on an annualized basis and a yield of 8.66%.

Global X SuperDividend REIT ETF Company Profile

(Get Free Report)

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.

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