SP Funds S&P Global REIT Sharia ETF (NYSEARCA:SPRE – Get Free Report) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 48,991 shares, a decline of 78.3% from the May 31st total of 225,655 shares. Based on an average trading volume of 100,321 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.5% of the company’s stock are short sold.
Institutional Trading of SP Funds S&P Global REIT Sharia ETF
An institutional investor recently bought a new position in SP Funds S&P Global REIT Sharia ETF stock. Flow Traders U.S. LLC acquired a new stake in shares of SP Funds S&P Global REIT Sharia ETF (NYSEARCA:SPRE – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 61,580 shares of the company’s stock, valued at approximately $1,200,000. Flow Traders U.S. LLC owned about 0.70% of SP Funds S&P Global REIT Sharia ETF as of its most recent filing with the SEC.
SP Funds S&P Global REIT Sharia ETF Stock Up 0.8%
Shares of NYSEARCA SPRE traded up $0.17 during trading on Friday, reaching $21.52. The company had a trading volume of 26,106 shares, compared to its average volume of 76,479. SP Funds S&P Global REIT Sharia ETF has a 12-month low of $18.78 and a 12-month high of $21.70. The stock has a market cap of $220.15 million, a PE ratio of 36.50 and a beta of 1.02. The business’s 50-day moving average is $21.17 and its 200 day moving average is $20.47.
SP Funds S&P Global REIT Sharia ETF Company Profile
The SP Funds S&P Global REIT Sharia ETF (SPRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a market-cap-weighted index of Shariah-compliant global REITs. SPRE was launched on Dec 30, 2020 and is managed by SP Funds.
Recommended Stories
- Five stocks we like better than SP Funds S&P Global REIT Sharia ETF
- 3 Waste Stocks Turning AI Investments into Growth
- 3 Overlooked Tech ETFs That Are Quietly Killing It This Year
- 3 ETFs Pairing Market-Beating Returns With High Dividend Yields
- MarketBeat Week in Review – 06/22 – 06/26
Receive News & Ratings for SP Funds S&P Global REIT Sharia ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SP Funds S&P Global REIT Sharia ETF and related companies with MarketBeat.com's FREE daily email newsletter.
