Short Interest in Global X SuperDividend REIT ETF (NASDAQ:SRET) Grows By 478.4%

Global X SuperDividend REIT ETF (NASDAQ:SRET) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 152,700 shares, an increase of 478.4% from the December 15th total of 26,400 shares. Based on an average daily volume of 262,700 shares, the days-to-cover ratio is currently 0.6 days.

A number of hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Services Advisors Inc. lifted its holdings in Global X SuperDividend REIT ETF by 5.9% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 29,204 shares of the company’s stock valued at $278,000 after buying an additional 1,639 shares during the period. Sigma Planning Corp lifted its holdings in Global X SuperDividend REIT ETF by 9.9% in the second quarter. Sigma Planning Corp now owns 58,036 shares of the company’s stock valued at $574,000 after buying an additional 5,215 shares during the period. Founders Financial Alliance LLC lifted its holdings in Global X SuperDividend REIT ETF by 8.7% in the third quarter. Founders Financial Alliance LLC now owns 79,589 shares of the company’s stock valued at $757,000 after buying an additional 6,370 shares during the period. MML Investors Services LLC lifted its holdings in Global X SuperDividend REIT ETF by 55.8% in the third quarter. MML Investors Services LLC now owns 19,459 shares of the company’s stock valued at $185,000 after buying an additional 6,972 shares during the period. Finally, Advisory Services Network LLC acquired a new position in shares of Global X SuperDividend REIT ETF during the second quarter valued at about $73,000.

Shares of Global X SuperDividend REIT ETF stock opened at $9.45 on Friday. Global X SuperDividend REIT ETF has a twelve month low of $8.80 and a twelve month high of $10.34. The company’s fifty day moving average is $9.45 and its 200 day moving average is $9.65.

The company also recently announced a None dividend, which was paid on Friday, January 7th. Investors of record on Friday, December 31st were issued a $0.05 dividend. The ex-dividend date of this dividend was Thursday, December 30th.

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