The Intelligent Real Estate ETF (NASDAQ:REAI) Short Interest Update

The Intelligent Real Estate ETF (NASDAQ:REAI) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 2,400 shares, a decline of 25.0% from the December 15th total of 3,200 shares. Based on an average daily volume of 400 shares, the short-interest ratio is currently 6.0 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Intelligent Real Estate ETF stock. Seneca House Advisors bought a new position in shares of The Intelligent Real Estate ETF (NASDAQ:REAI) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 96,525 shares of the company’s stock, valued at approximately $2,206,000. Intelligent Real Estate ETF accounts for 0.9% of Seneca House Advisors’ portfolio, making the stock its 26th largest holding. Seneca House Advisors owned 56.78% of Intelligent Real Estate ETF as of its most recent filing with the Securities and Exchange Commission.

Intelligent Real Estate ETF Trading Down 2.2 %

NASDAQ:REAI traded down $0.44 during mid-day trading on Wednesday, hitting $19.91. The company’s stock had a trading volume of 8 shares, compared to its average volume of 134. The stock has a fifty day moving average of $21.66 and a 200-day moving average of $21.76. The company has a market capitalization of $3.38 million, a price-to-earnings ratio of 28.79 and a beta of 1.03. Intelligent Real Estate ETF has a fifty-two week low of $18.39 and a fifty-two week high of $23.33.

Intelligent Real Estate ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 27th were paid a $0.1177 dividend. The ex-dividend date was Friday, December 27th.

Intelligent Real Estate ETF Company Profile

The Tidal ETF Trust Intelligent Real Estate ETF (REAI) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed fund that invests primarily in US-listed commercial REITs that provide qualitative characteristics of a portfolio of public, non-traded REITs. The fund also invests, to a lesser extent, in mortgage-backed securities.