The Intelligent Real Estate ETF (NASDAQ:REAI) Short Interest Update

The Intelligent Real Estate ETF (NASDAQ:REAI) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 67 shares, a growth of 1,575.0% from the July 30th total of 4 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 45 shares, the short-interest ratio is currently 1.5 days.

Hedge Funds Weigh In On Intelligent Real Estate ETF

An institutional investor recently bought a new position in Intelligent Real Estate ETF stock. Jane Street Group LLC bought a new stake in The Intelligent Real Estate ETF (NASDAQ:REAI) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 46,351 shares of the company’s stock, valued at approximately $872,000. Jane Street Group LLC owned 92.70% of Intelligent Real Estate ETF as of its most recent filing with the Securities & Exchange Commission.

Intelligent Real Estate ETF Stock Down 0.0%

REAI stock opened at $21.79 on Thursday. Intelligent Real Estate ETF has a 52-week low of $18.30 and a 52-week high of $21.95. The stock’s fifty day simple moving average is $21.49 and its 200-day simple moving average is $21.10. The stock has a market capitalization of $1.09 million, a price-to-earnings ratio of 24.84 and a beta of 0.98.

About Intelligent Real Estate ETF

The Tidal ETF Trust Intelligent Real Estate ETF (REAI) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed fund that invests primarily in US-listed commercial REITs that provide qualitative characteristics of a portfolio of public, non-traded REITs. The fund also invests, to a lesser extent, in mortgage-backed securities. REAI was launched on Jun 13, 2023 and is issued by Armada ETF Advisors.