Global X SuperDividend REIT ETF (NASDAQ:SRET) Short Interest Update

Global X SuperDividend REIT ETF (NASDAQ:SRET) saw a significant growth in short interest in January. As of January 15th, there was short interest totalling 3,200 shares, a growth of 300.0% from the December 31st total of 800 shares. Based on an average trading volume of 34,400 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SRET. Axiom Advisory LLC increased its holdings in Global X SuperDividend REIT ETF by 3.9% in the third quarter. Axiom Advisory LLC now owns 17,874 shares of the company’s stock valued at $384,000 after buying an additional 668 shares during the last quarter. Crews Bank & Trust bought a new stake in Global X SuperDividend REIT ETF in the fourth quarter valued at about $64,000. Janney Montgomery Scott LLC increased its holdings in Global X SuperDividend REIT ETF by 79.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 16,625 shares of the company’s stock valued at $333,000 after buying an additional 7,347 shares during the last quarter. HighTower Advisors LLC bought a new stake in Global X SuperDividend REIT ETF in the third quarter valued at about $222,000. Finally, MML Investors Services LLC bought a new position in shares of Global X SuperDividend REIT ETF during the third quarter valued at approximately $279,000.

Global X SuperDividend REIT ETF Trading Down 0.9 %

NASDAQ:SRET traded down $0.18 on Tuesday, reaching $20.43. The stock had a trading volume of 27,620 shares, compared to its average volume of 90,104. Global X SuperDividend REIT ETF has a 12-month low of $18.90 and a 12-month high of $22.88. The company has a 50-day moving average of $20.50 and a 200 day moving average of $21.25. The stock has a market cap of $181.01 million, a P/E ratio of 9.61 and a beta of 1.22.

Global X SuperDividend REIT ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were paid a $0.155 dividend. This represents a $1.86 annualized dividend and a dividend yield of 9.10%. The ex-dividend date of this dividend was Monday, December 30th.

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.