CBRE Global Real Estate Income Fund (NYSE:IGR) Short Interest Update

CBRE Global Real Estate Income Fund (NYSE:IGR) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totalling 58,500 shares, a decline of 86.6% from the December 31st total of 437,000 shares. Based on an average trading volume of 687,100 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new stake in shares of CBRE Global Real Estate Income Fund in the third quarter valued at about $67,000. Daymark Wealth Partners LLC acquired a new position in shares of CBRE Global Real Estate Income Fund during the 4th quarter worth approximately $49,000. Ellis Investment Partners LLC purchased a new stake in CBRE Global Real Estate Income Fund in the 3rd quarter valued at approximately $69,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in CBRE Global Real Estate Income Fund during the 3rd quarter valued at $71,000. Finally, SeaCrest Wealth Management LLC purchased a new position in CBRE Global Real Estate Income Fund during the fourth quarter worth $54,000.

CBRE Global Real Estate Income Fund Stock Up 0.3 %

Shares of CBRE Global Real Estate Income Fund stock traded up $0.02 during trading on Tuesday, reaching $5.21. The company’s stock had a trading volume of 520,819 shares, compared to its average volume of 875,689. The business has a 50 day moving average price of $5.24 and a 200-day moving average price of $5.73. CBRE Global Real Estate Income Fund has a 12-month low of $4.68 and a 12-month high of $6.69.

CBRE Global Real Estate Income Fund Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be issued a dividend of $0.06 per share. The ex-dividend date is Tuesday, January 21st. This represents a yield of 13.66%. This is an increase from CBRE Global Real Estate Income Fund’s previous dividend of $0.05.

CBRE Global Real Estate Income Fund Company Profile

CBRE Clarion Global Real Estate Income Fund specializes in investments in various property types, including office, retail, diversified, apartments, industrials, hotels, healthcare, and storage. It invests in the public equity markets across the developed markets of North America, Europe, Australia, and Asia.