The Intelligent Real Estate ETF (NASDAQ:REAI) Short Interest Down 75.0% in August

The Intelligent Real Estate ETF (NASDAQ:REAI) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totalling 100 shares, a decrease of 75.0% from the August 15th total of 400 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 0.3 days.

Intelligent Real Estate ETF Stock Up 0.8 %

REAI stock traded up $0.18 during trading on Thursday, reaching $22.68. The company’s stock had a trading volume of 108 shares, compared to its average volume of 486. Intelligent Real Estate ETF has a 1 year low of $16.74 and a 1 year high of $22.68. The company has a market capitalization of $3.86 million, a P/E ratio of 28.79 and a beta of 1.03. The company’s fifty day moving average is $21.37 and its 200-day moving average is $20.11.

Intelligent Real Estate ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Monday, July 29th were given a dividend of $0.1851 per share. The ex-dividend date was Monday, July 29th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 3.26%.

About Intelligent Real Estate ETF

The Tidal ETF Trust Intelligent Real Estate ETF (REAI) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed fund that invests primarily in US-listed commercial REITs that provide qualitative characteristics of a portfolio of public, non-traded REITs. The fund also invests, to a lesser extent, in mortgage-backed securities.