Long Pond Real Estate Select ETF (NYSEARCA:LPRE) Sees Large Growth in Short Interest

Long Pond Real Estate Select ETF (NYSEARCA:LPRE) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 80,452 shares, an increase of 409.1% from the September 15th total of 15,803 shares. Based on an average daily volume of 12,641 shares, the days-to-cover ratio is presently 6.4 days. Currently, 1.3% of the shares of the stock are sold short.

Long Pond Real Estate Select ETF Stock Performance

LPRE stock traded up $0.34 during trading on Friday, hitting $27.28. 14,406 shares of the company’s stock traded hands, compared to its average volume of 24,227. The business has a fifty day simple moving average of $28.67 and a 200 day simple moving average of $28.80. The stock has a market capitalization of $169.68 million, a price-to-earnings ratio of 17.88 and a beta of 0.72. Long Pond Real Estate Select ETF has a 52 week low of $25.25 and a 52 week high of $30.85.

Long Pond Real Estate Select ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were issued a dividend of $0.0309 per share. This represents a $0.12 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, September 28th. This is a drop from Long Pond Real Estate Select ETF’s previous quarterly dividend of $0.2409.

Hedge Funds Weigh In On Long Pond Real Estate Select ETF

Hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC purchased a new stake in shares of Long Pond Real Estate Select ETF during the first quarter valued at $44,000. First National Bank Sioux Falls purchased a new position in shares of Long Pond Real Estate Select ETF during the first quarter valued at $798,000. Arrow Capital Management LLC purchased a new position in Long Pond Real Estate Select ETF during the fourth quarter valued at approximately $1,014,000. Journey Advisory Group LLC bought a new position in shares of Long Pond Real Estate Select ETF in the 1st quarter worth $4,104,000. Finally, Wind River Trust Co lifted its position in shares of Long Pond Real Estate Select ETF by 44.5% during the second quarter. Wind River Trust Co now owns 278,361 shares of the company’s stock valued at $8,379,000 after buying an additional 85,694 shares during the last quarter.

About Long Pond Real Estate Select ETF

The Long Pond Real Estate Select ETF (LPRE) is an exchange-traded fund. LPRE was launched on Apr 4, 2025 and is issued by Long Pond.