The Intelligent Real Estate ETF (NASDAQ:REAI – Get Free Report) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 100 shares, a decline of 80.0% from the March 15th total of 500 shares. Based on an average trading volume of 600 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Intelligent Real Estate ETF stock. Seneca House Advisors raised its holdings in shares of The Intelligent Real Estate ETF (NASDAQ:REAI – Free Report) by 2.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 98,838 shares of the company’s stock after purchasing an additional 2,313 shares during the period. Intelligent Real Estate ETF accounts for about 0.8% of Seneca House Advisors’ holdings, making the stock its 29th largest holding. Seneca House Advisors owned about 58.14% of Intelligent Real Estate ETF worth $2,068,000 at the end of the most recent quarter.
Intelligent Real Estate ETF Stock Performance
Shares of NASDAQ REAI traded up $0.03 during midday trading on Wednesday, hitting $18.83. 184 shares of the stock traded hands, compared to its average volume of 954. Intelligent Real Estate ETF has a one year low of $17.08 and a one year high of $23.33. The company has a market cap of $3.20 million, a PE ratio of 23.61 and a beta of 1.03. The business has a 50 day moving average price of $20.11 and a two-hundred day moving average price of $21.15.
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.
Featured Articles
- Five stocks we like better than Intelligent Real Estate ETF
- Find and Profitably Trade Stocks at 52-Week Lows
- Viking Therapeutics Stock Pops But Struggles to Hold Gains
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Qualcomm Stock Just Earned a Fresh Buy Rating—Get Excited
- Short Selling – The Pros and Cons
- Meta Stock Holds Upside Potential as Analysts Cut Price Targets
Receive News & Ratings for Intelligent Real Estate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intelligent Real Estate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
