Short Interest in Global X SuperDividend REIT ETF (NASDAQ:SRET) Increases By 79.6%

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totaling 55,004 shares, a growth of 79.6% from the April 30th total of 30,618 shares. Based on an average daily trading volume, of 42,512 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.5% of the company’s stock are sold short.

Institutional Investors Weigh In On Global X SuperDividend REIT ETF

A number of institutional investors have recently modified their holdings of SRET. D.A. Davidson & CO. bought a new position in Global X SuperDividend REIT ETF in the fourth quarter worth about $5,319,000. Stratos Wealth Partners LTD. grew its holdings in shares of Global X SuperDividend REIT ETF by 7.0% during the fourth quarter. Stratos Wealth Partners LTD. now owns 44,407 shares of the company’s stock valued at $967,000 after purchasing an additional 2,899 shares during the last quarter. Advyzon Investment Management LLC raised its position in shares of Global X SuperDividend REIT ETF by 3.5% during the 3rd quarter. Advyzon Investment Management LLC now owns 16,310 shares of the company’s stock worth $353,000 after purchasing an additional 553 shares during the period. Founders Financial Alliance LLC lifted its holdings in shares of Global X SuperDividend REIT ETF by 23.9% in the 3rd quarter. Founders Financial Alliance LLC now owns 2,586 shares of the company’s stock worth $56,000 after purchasing an additional 499 shares during the last quarter. Finally, AE Wealth Management LLC lifted its holdings in shares of Global X SuperDividend REIT ETF by 85.1% in the 3rd quarter. AE Wealth Management LLC now owns 6,532 shares of the company’s stock worth $141,000 after purchasing an additional 3,003 shares during the last quarter.

Global X SuperDividend REIT ETF Trading Down 1.5%

NASDAQ SRET traded down $0.33 during trading hours on Wednesday, reaching $21.89. 33,379 shares of the company traded hands, compared to its average volume of 51,629. The stock has a market capitalization of $228.53 million, a PE ratio of 16.47 and a beta of 0.85. Global X SuperDividend REIT ETF has a 12 month low of $20.49 and a 12 month high of $23.09. The company has a 50 day moving average of $22.13 and a two-hundred day moving average of $22.17.

Global X SuperDividend REIT ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 12th. Shareholders of record on Tuesday, May 5th were issued a dividend of $0.153 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%. This is a positive change from Global X SuperDividend REIT ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Tuesday, May 5th.

About Global X SuperDividend REIT ETF

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.