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

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totalling 1,900 shares, a growth of 533.3% from the August 15th total of 300 shares. Based on an average daily trading volume, of 29,500 shares, the short-interest ratio is presently 0.1 days.

Global X SuperDividend REIT ETF Stock Performance

Shares of NASDAQ SRET traded up $0.33 during trading hours on Friday, hitting $22.58. The company’s stock had a trading volume of 20,156 shares, compared to its average volume of 32,201. The stock has a market cap of $235.28 million, a price-to-earnings ratio of 9.61 and a beta of 1.22. The business has a 50-day simple moving average of $21.40 and a 200-day simple moving average of $20.39. Global X SuperDividend REIT ETF has a 12 month low of $18.06 and a 12 month high of $22.61.

Global X SuperDividend REIT ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, September 12th. Investors of record on Thursday, September 5th were paid a dividend of $0.155 per share. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $1.86 annualized dividend and a yield of 8.24%. This is a positive change from Global X SuperDividend REIT ETF’s previous monthly dividend of $0.15.

Institutional Trading of Global X SuperDividend REIT ETF

Several institutional investors have recently bought and sold shares of SRET. Gladstone Institutional Advisory LLC purchased a new position in shares of Global X SuperDividend REIT ETF during the 4th quarter valued at about $231,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Global X SuperDividend REIT ETF by 4.5% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 339,792 shares of the company’s stock worth $7,132,000 after purchasing an additional 14,567 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of Global X SuperDividend REIT ETF by 33.4% in the first quarter. Cetera Investment Advisers now owns 79,756 shares of the company’s stock valued at $1,630,000 after purchasing an additional 19,952 shares during the period. Cetera Advisors LLC bought a new position in shares of Global X SuperDividend REIT ETF during the 1st quarter worth $1,596,000. Finally, Daiwa Securities Group Inc. raised its holdings in shares of Global X SuperDividend REIT ETF by 28.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 1,040,000 shares of the company’s stock valued at $20,738,000 after purchasing an additional 230,000 shares in the last quarter.

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.