Short Interest in Global X SuperDividend REIT ETF (NASDAQ:SRET) Rises By 330.9%

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 45,535 shares, a growth of 330.9% from the July 30th total of 10,567 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 33,946 shares, the short-interest ratio is currently 1.3 days.

Global X SuperDividend REIT ETF Stock Down 0.1%

SRET stock opened at $22.38 on Wednesday. Global X SuperDividend REIT ETF has a twelve month low of $20.72 and a twelve month high of $23.48. The company has a market cap of $230.29 million, a PE ratio of 16.47 and a beta of 0.85. The business’s 50-day simple moving average is $22.60 and its 200 day simple moving average is $22.37.

Global X SuperDividend REIT ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, August 12th. Shareholders of record on Wednesday, August 5th were given a $0.1822 dividend. The ex-dividend date was Wednesday, August 5th. This represents a c) dividend on an annualized basis and a dividend yield of 9.8%.

Institutional Trading of Global X SuperDividend REIT ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Bank of America Corp DE grew its position in Global X SuperDividend REIT ETF by 0.8% during the 2nd quarter. Bank of America Corp DE now owns 79,551 shares of the company’s stock worth $1,683,000 after acquiring an additional 624 shares during the last quarter. Advyzon Investment Management LLC raised its position in Global X SuperDividend REIT ETF by 7.2% in the 4th quarter. Advyzon Investment Management LLC now owns 17,484 shares of the company’s stock valued at $381,000 after purchasing an additional 1,174 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in Global X SuperDividend REIT ETF by 6.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 20,635 shares of the company’s stock worth $449,000 after purchasing an additional 1,183 shares in the last quarter. Osaic Holdings Inc. grew its holdings in shares of Global X SuperDividend REIT ETF by 11.1% during the fourth quarter. Osaic Holdings Inc. now owns 26,847 shares of the company’s stock worth $585,000 after purchasing an additional 2,691 shares during the last quarter. Finally, Sigma Planning Corp grew its holdings in shares of Global X SuperDividend REIT ETF by 17.0% during the fourth quarter. Sigma Planning Corp now owns 37,724 shares of the company’s stock worth $821,000 after purchasing an additional 5,468 shares during the last quarter.

Global X SuperDividend REIT ETF Company Profile

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.