CBRE Global Real Estate Income Fund (NYSE:IGR) Stock Short Interest Report for October

CBRE Global Real Estate Income Fund (NYSE:IGR) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 27,358 shares, a decrease of 85.2% from the September 30th total of 184,375 shares. Based on an average daily volume of 493,847 shares, the days-to-cover ratio is currently 0.1 days.

CBRE Global Real Estate Income Fund Trading Up 2.9%

CBRE Global Real Estate Income Fund stock traded up $0.32 during mid-day trading on Thursday, hitting $11.05. The company had a trading volume of 274,610 shares, compared to its average volume of 274,505. CBRE Global Real Estate Income Fund has a 12-month low of $10.54 and a 12-month high of $15.13. The company’s fifty day moving average is $12.21 and its 200-day moving average is $13.58.

CBRE Global Real Estate Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Monday, December 21st will be issued a $0.18 dividend. This represents a $2.16 annualized dividend and a yield of 19.5%. The ex-dividend date of this dividend is Monday, December 21st.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Ameritas Advisory Services LLC acquired a new position in CBRE Global Real Estate Income Fund in the second quarter valued at $66,000. Concurrent Investment Advisors LLC purchased a new stake in CBRE Global Real Estate Income Fund in the second quarter valued at approximately $78,000. Two Sigma Securities LLC acquired a new position in CBRE Global Real Estate Income Fund during the second quarter worth approximately $47,000. United Capital Financial Advisors LLC acquired a new position in CBRE Global Real Estate Income Fund during the second quarter worth approximately $50,000. Finally, Bank of America Corp DE acquired a new position in CBRE Global Real Estate Income Fund during the second quarter worth approximately $9,578,000.

CBRE Global Real Estate Income Fund Company Profile

CBRE Global Real Estate Income Fund (NYSE: IGR) is a closed-end investment fund focused on generating current income and, secondarily, long-term capital appreciation through investments in real estate-related securities.

The fund invests in a diversified portfolio of publicly traded real estate companies and real estate investment trusts (REITs), as well as other real estate securities. Its holdings may include common and preferred stocks, debt securities, and other income-producing investments associated with the global real estate industry.

IGR provides exposure to real estate markets across multiple regions, including the United States and international markets.