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

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the recipient of a significant increase in short interest in 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 currently 0.1 days.

Hedge Funds Weigh In On Global X SuperDividend REIT ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sykon Capital LLC purchased a new position in Global X SuperDividend REIT ETF in the fourth quarter worth $203,000. Raymond James Financial Services Advisors Inc. purchased a new position in Global X SuperDividend REIT ETF during the 4th quarter worth $224,000. Gladstone Institutional Advisory LLC acquired a new position in Global X SuperDividend REIT ETF during the 4th quarter valued at about $231,000. Mirae Asset Global Investments Co. Ltd. raised its stake in Global X SuperDividend REIT ETF by 1.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 325,225 shares of the company’s stock valued at $7,194,000 after buying an additional 4,380 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in Global X SuperDividend REIT ETF by 1.4% in 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 Price Performance

NASDAQ SRET traded up $0.07 during midday trading on Friday, hitting $19.63. 30,922 shares of the company traded hands, 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 company’s 50-day simple moving average is $19.83 and its 200-day simple moving average is $20.27. The company has a market cap of $212.20 million, a PE ratio of 9.32 and a beta of 1.22.

Global X SuperDividend REIT ETF Dividend Announcement

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

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.