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

Global X SuperDividend REIT ETF (NASDAQ:SRET) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 55,004 shares, a growth of 79.6% from the April 30th total of 30,618 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily volume of 42,512 shares, the short-interest ratio is presently 1.3 days.

Global X SuperDividend REIT ETF Trading Down 1.4%

Shares of SRET stock opened at $22.18 on Tuesday. The company has a market cap of $231.56 million, a PE ratio of 16.47 and a beta of 0.85. Global X SuperDividend REIT ETF has a 12-month low of $20.49 and a 12-month high of $23.09. The business’s fifty day simple moving average is $22.13 and its 200-day simple moving average is $22.17.

Global X SuperDividend REIT ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 12th. Stockholders of record on Tuesday, May 5th were paid a dividend of $0.153 per share. The ex-dividend date was Tuesday, May 5th. This is an increase from Global X SuperDividend REIT ETF’s previous monthly dividend of $0.15. This represents a c) annualized dividend and a dividend yield of 8.3%.

Institutional Trading of Global X SuperDividend REIT ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Founders Financial Alliance LLC increased its holdings in shares of Global X SuperDividend REIT ETF by 23.9% in the third quarter. Founders Financial Alliance LLC now owns 2,586 shares of the company’s stock valued at $56,000 after purchasing an additional 499 shares during the period. AE Wealth Management LLC raised its position in Global X SuperDividend REIT ETF by 85.1% during the 3rd quarter. AE Wealth Management LLC now owns 6,532 shares of the company’s stock worth $141,000 after buying an additional 3,003 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Global X SuperDividend REIT ETF during the 2nd quarter valued at approximately $157,000. Sei Investments Co. purchased a new stake in shares of Global X SuperDividend REIT ETF in the 1st quarter valued at $218,000. Finally, Sykon Capital LLC acquired a new stake in shares of Global X SuperDividend REIT ETF in the fourth quarter worth $224,000.

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.