Global X SuperDividend REIT ETF (NASDAQ:SRET) Short Interest Up 194.1% in April

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the target of a large increase in short interest in April. As of April 30th, there was short interest totalling 10,000 shares, an increase of 194.1% from the April 15th total of 3,400 shares. Based on an average daily trading volume, of 34,200 shares, the days-to-cover ratio is presently 0.3 days.

Global X SuperDividend REIT ETF Trading Up 0.3 %

NASDAQ SRET traded up $0.05 during trading on Friday, reaching $20.01. The company’s stock had a trading volume of 14,582 shares, compared to its average volume of 35,933. The business has a 50-day moving average price of $19.80 and a 200-day moving average price of $20.31. Global X SuperDividend REIT ETF has a 1-year low of $18.06 and a 1-year high of $22.99. The stock has a market capitalization of $215.31 million, a PE ratio of 9.61 and a beta of 1.22.

Global X SuperDividend REIT ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, May 13th. Shareholders of record on Monday, May 6th will be issued a dividend of $0.135 per share. The ex-dividend date is Friday, May 3rd. This represents a $1.62 annualized dividend and a yield of 8.10%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SRET. Mirae Asset Global Investments Co. Ltd. boosted its position in Global X SuperDividend REIT ETF by 1.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 325,225 shares of the company’s stock worth $7,194,000 after purchasing an additional 4,380 shares during the period. LPL Financial LLC raised its holdings in Global X SuperDividend REIT ETF by 1.4% in the 3rd 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 during the period. Sykon Capital LLC bought a new stake in Global X SuperDividend REIT ETF during the fourth quarter valued at about $203,000. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Global X SuperDividend REIT ETF in the fourth quarter valued at about $224,000. Finally, Gladstone Institutional Advisory LLC bought a new position in shares of Global X SuperDividend REIT ETF in the fourth quarter worth about $231,000.

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.