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

Global X SuperDividend REIT ETF (NASDAQ:SRET) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 3,200 shares, an increase of 300.0% from the December 15th total of 800 shares. Based on an average trading volume of 34,400 shares, the short-interest ratio is currently 0.1 days.

Global X SuperDividend REIT ETF Trading Up 0.2 %

Shares of NASDAQ:SRET traded up $0.04 during trading on Monday, hitting $19.52. 23,507 shares of the stock were exchanged, compared to its average volume of 30,940. The company has a market cap of $195.98 million, a PE ratio of 9.61 and a beta of 1.22. The company has a fifty day moving average price of $20.68 and a two-hundred day moving average price of $21.23. Global X SuperDividend REIT ETF has a 12-month low of $18.90 and a 12-month high of $22.88.

Global X SuperDividend REIT ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were given a dividend of $0.155 per share. The ex-dividend date was Monday, December 30th. This represents a $1.86 dividend on an annualized basis and a yield of 9.53%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SRET. Axiom Advisory LLC grew its stake in 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 valued at $384,000 after acquiring an additional 668 shares during the last quarter. HighTower Advisors LLC purchased a new stake in shares of Global X SuperDividend REIT ETF in the third quarter valued at about $222,000. Finally, MML Investors Services LLC acquired a new stake in shares of Global X SuperDividend REIT ETF in the third quarter valued at approximately $279,000.

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.