Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) Sees Significant Growth in Short Interest

Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 68,284 shares, an increase of 91.7% from the September 15th total of 35,616 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 97,318 shares, the short-interest ratio is presently 0.7 days.

Vert Global Sustainable Real Estate ETF Price Performance

Shares of NASDAQ VGSR opened at $10.63 on Wednesday. The company has a 50-day simple moving average of $11.12 and a 200-day simple moving average of $11.19. Vert Global Sustainable Real Estate ETF has a 12 month low of $9.96 and a 12 month high of $12.26. The company has a market cap of $479.14 million, a PE ratio of 30.34 and a beta of 0.71.

Vert Global Sustainable Real Estate ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Thursday, September 24th were paid a dividend of $0.0601 per share. The ex-dividend date was Thursday, September 24th. This represents a $0.24 annualized dividend and a yield of 2.3%.

Hedge Funds Weigh In On Vert Global Sustainable Real Estate ETF

Several hedge funds and other institutional investors have recently made changes to their positions in VGSR. SOA Wealth Advisors LLC. lifted its position in shares of Vert Global Sustainable Real Estate ETF by 3.2% during the first quarter. SOA Wealth Advisors LLC. now owns 540,065 shares of the company’s stock worth $5,579,000 after purchasing an additional 16,747 shares in the last quarter. Koss Olinger Consulting LLC lifted its stake in shares of Vert Global Sustainable Real Estate ETF by 1.5% in the first quarter. Koss Olinger Consulting LLC now owns 259,627 shares of the company’s stock worth $2,682,000 after acquiring an additional 3,813 shares in the last quarter. Finally, Red Lighthouse Investment Management LLC grew its stake in Vert Global Sustainable Real Estate ETF by 0.6% during the 2nd quarter. Red Lighthouse Investment Management LLC now owns 231,474 shares of the company’s stock valued at $2,635,000 after purchasing an additional 1,387 shares in the last quarter.

About Vert Global Sustainable Real Estate ETF

The Vert Global Sustainable Real Estate ETF (VGSR) is an exchange-traded fund that is based on the S&P Global REIT index. The fund is an actively managed portfolio of sustainable real estate companies around the world that exhibit positive ESG characteristics. Portfolio holdings are weighted by modified market capitalization. VGSR was launched on Oct 31, 2017 and is issued by Vert.