The Intelligent Real Estate ETF (NASDAQ:REAI – Get Free Report) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 58 shares, a growth of 100.0% from the June 30th total of 29 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 50 shares, the days-to-cover ratio is presently 1.2 days.
Institutional Investors Weigh In On Intelligent Real Estate ETF
An institutional investor recently bought a new stake in Intelligent Real Estate ETF stock. Jane Street Group LLC purchased a new stake in The Intelligent Real Estate ETF (NASDAQ:REAI – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 46,351 shares of the company’s stock, valued at approximately $872,000. Jane Street Group LLC owned approximately 92.70% of Intelligent Real Estate ETF as of its most recent SEC filing.
Intelligent Real Estate ETF Stock Performance
Shares of Intelligent Real Estate ETF stock traded down $0.18 during trading on Thursday, hitting $21.60. The company’s stock had a trading volume of 48 shares, compared to its average volume of 241. The company has a market capitalization of $1.08 million, a PE ratio of 24.84 and a beta of 0.99. The company has a fifty day simple moving average of $21.41 and a two-hundred day simple moving average of $20.85. Intelligent Real Estate ETF has a 52 week low of $18.30 and a 52 week high of $21.92.
About Intelligent Real Estate ETF
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. REAI was launched on Jun 13, 2023 and is issued by Armada ETF Advisors.
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