CBRE Global Real Estate Income Fund (NYSE:IGR) Shares Shorted: Short Interest Down 74.9% in September

CBRE Global Real Estate Income Fund (NYSE:IGR) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 303,909 shares, a decrease of 74.9% from the August 31st total of 1,211,251 shares. Based on an average daily trading volume, of 355,532 shares, the short-interest ratio is currently 0.9 days.

Institutional Trading of CBRE Global Real Estate Income Fund

Several institutional investors have recently modified their holdings of IGR. Two Sigma Securities LLC acquired a new position in shares of CBRE Global Real Estate Income Fund in the second quarter valued at $47,000. United Capital Financial Advisors LLC acquired a new stake in CBRE Global Real Estate Income Fund during the second quarter worth $50,000. Occidental Asset Management LLC acquired a new stake in CBRE Global Real Estate Income Fund during the second quarter worth $64,000. Ameritas Advisory Services LLC acquired a new stake in CBRE Global Real Estate Income Fund during the second quarter worth $66,000. Finally, CENTRAL TRUST Co bought a new stake in CBRE Global Real Estate Income Fund in the 1st quarter valued at $67,000.

CBRE Global Real Estate Income Fund Stock Down 0.3%

IGR stock traded down $0.04 during trading on Friday, reaching $11.90. 340,737 shares of the stock were exchanged, compared to its average volume of 245,553. CBRE Global Real Estate Income Fund has a twelve month low of $11.85 and a twelve month high of $15.60. The stock has a 50 day simple moving average of $13.52 and a 200-day simple moving average of $13.72.

CBRE Global Real Estate Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st will be given a $0.06 dividend. The ex-dividend date is Monday, September 21st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 6.0%.

About CBRE Global Real Estate Income Fund

CBRE Global Real Estate Income Fund, Inc (NYSE: IGR) is a closed-end investment fund focused on the global real estate securities market. The fund seeks to provide investors with current income and, as a secondary objective, long-term capital appreciation.

IGR invests primarily in publicly traded equity and debt securities issued by real estate investment trusts, real estate operating companies and other property-related businesses. Its portfolio may include companies involved in sectors such as office, residential, retail, industrial, lodging, health care and specialized real estate.

The fund provides exposure to real estate markets in the United States and other developed and emerging economies.