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

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the target of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 15,300 shares, a growth of 27.5% from the February 13th total of 12,000 shares. Based on an average daily volume of 46,500 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are sold short.

Global X SuperDividend REIT ETF Trading Up 0.2 %

NASDAQ:SRET traded up $0.05 on Monday, reaching $21.43. The stock had a trading volume of 2,054 shares, compared to its average volume of 48,868. Global X SuperDividend REIT ETF has a 12-month low of $18.90 and a 12-month high of $22.88. The company has a 50-day moving average of $20.62 and a 200 day moving average of $21.15. The stock has a market cap of $189.83 million, a P/E ratio of 15.40 and a beta of 1.22.

Global X SuperDividend REIT ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 12th. Shareholders of record on Wednesday, March 5th were paid a dividend of $0.144 per share. The ex-dividend date was Wednesday, March 5th.

Hedge Funds Weigh In On Global X SuperDividend REIT ETF

A number of large investors have recently bought and sold shares of SRET. Crews Bank & Trust acquired a new position in shares of Global X SuperDividend REIT ETF during the fourth quarter valued at $64,000. HighTower Advisors LLC acquired a new position in Global X SuperDividend REIT ETF during the 3rd quarter valued at about $222,000. MML Investors Services LLC bought a new stake in shares of Global X SuperDividend REIT ETF during the 3rd quarter worth about $279,000. Janney Montgomery Scott LLC lifted its stake in shares of Global X SuperDividend REIT ETF by 79.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 16,625 shares of the company’s stock worth $333,000 after acquiring an additional 7,347 shares during the period. Finally, Jane Street Group LLC boosted its holdings in shares of Global X SuperDividend REIT ETF by 13.3% in the fourth quarter. Jane Street Group LLC now owns 21,749 shares of the company’s stock valued at $435,000 after acquiring an additional 2,546 shares in the last quarter.

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.