Global X SuperDividend REIT ETF (NASDAQ:SRET) Short Interest Update

Global X SuperDividend REIT ETF (NASDAQ:SRET) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 23,100 shares, a growth of 104.4% from the March 15th total of 11,300 shares. Based on an average daily volume of 46,300 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.3% of the shares of the company are short sold.

Hedge Funds Weigh In On Global X SuperDividend REIT ETF

Several hedge funds and other institutional investors have recently modified their holdings of SRET. Bank of America Corp DE increased its holdings in shares of Global X SuperDividend REIT ETF by 22.7% in the 4th quarter. Bank of America Corp DE now owns 59,136 shares of the company’s stock worth $1,183,000 after acquiring an additional 10,942 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Global X SuperDividend REIT ETF in the fourth quarter valued at approximately $1,008,000. SBI Securities Co. Ltd. acquired a new stake in shares of Global X SuperDividend REIT ETF in the fourth quarter valued at approximately $941,000. Jane Street Group LLC raised its holdings in shares of Global X SuperDividend REIT ETF by 13.3% during the fourth quarter. Jane Street Group LLC now owns 21,749 shares of the company’s stock valued at $435,000 after buying an additional 2,546 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in shares of Global X SuperDividend REIT ETF by 79.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 16,625 shares of the company’s stock worth $333,000 after buying an additional 7,347 shares during the period.

Global X SuperDividend REIT ETF Trading Up 0.6 %

Shares of NASDAQ SRET opened at $19.75 on Thursday. Global X SuperDividend REIT ETF has a 12-month low of $18.09 and a 12-month high of $22.88. The company has a market cap of $174.99 million, a price-to-earnings ratio of 15.00 and a beta of 1.22. The stock’s 50 day simple moving average is $20.70 and its 200 day simple moving average is $20.84.

Global X SuperDividend REIT ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, April 10th. Shareholders of record on Thursday, April 3rd were paid a $0.144 dividend. This represents a $1.73 dividend on an annualized basis and a yield of 8.75%. The ex-dividend date of this dividend was Thursday, April 3rd.

Global X SuperDividend REIT ETF Company Profile

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.