Short Interest in Global X SuperDividend REIT ETF (NASDAQ:SRET) Increases By 47.8%

Global X SuperDividend REIT ETF (NASDAQ:SRET) saw a significant increase in short interest in the month of 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 trading volume of 36,700 shares, the days-to-cover ratio is presently 0.1 days.

Global X SuperDividend REIT ETF Price Performance

NASDAQ SRET traded up $0.15 during trading on Monday, reaching $19.78. 168,157 shares of the company’s stock traded hands, compared to its average volume of 36,598. Global X SuperDividend REIT ETF has a 12-month low of $18.06 and a 12-month high of $22.99. The firm has a market cap of $213.82 million, a price-to-earnings ratio of 9.32 and a beta of 1.22. The company’s 50 day simple moving average is $19.82 and its two-hundred day simple moving average is $20.29.

Global X SuperDividend REIT ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, April 4th were issued a dividend of $0.135 per share. This represents a $1.62 annualized dividend and a yield of 8.19%. The ex-dividend date was Wednesday, April 3rd.

Hedge Funds Weigh In On Global X SuperDividend REIT ETF

A number of large investors have recently bought and sold shares of the business. Sykon Capital LLC purchased a new position in shares of Global X SuperDividend REIT ETF in the 4th quarter valued at $203,000. Raymond James Financial Services Advisors Inc. purchased a new position in Global X SuperDividend REIT ETF in the fourth quarter valued at about $224,000. Gladstone Institutional Advisory LLC bought a new position in Global X SuperDividend REIT ETF in the fourth quarter worth about $231,000. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of 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 valued at $7,194,000 after buying an additional 4,380 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in shares of 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 valued at $10,387,000 after buying an additional 7,179 shares in the last quarter.

About Global X SuperDividend REIT ETF

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.