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

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the recipient of a large growth in short interest in 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 stock are short sold. Based on an average trading volume of 33,946 shares, the days-to-cover ratio is presently 1.3 days.

Global X SuperDividend REIT ETF Trading Down 0.1%

Shares of SRET stock opened at $22.38 on Wednesday. Global X SuperDividend REIT ETF has a 1 year low of $20.72 and a 1 year high of $23.48. The firm’s 50 day moving average is $22.60 and its 200-day moving average is $22.37. The firm has a market capitalization of $230.29 million, a price-to-earnings ratio of 16.47 and a beta of 0.85.

Global X SuperDividend REIT ETF Dividend Announcement

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. LPL Financial LLC increased its stake in shares of Global X SuperDividend REIT ETF by 9.5% in the 4th quarter. LPL Financial LLC now owns 471,040 shares of the company’s stock valued at $10,257,000 after buying an additional 40,743 shares during the period. Bank of America Corp DE boosted its holdings in Global X SuperDividend REIT ETF by 107.4% in the first quarter. Bank of America Corp DE now owns 382,617 shares of the company’s stock valued at $8,111,000 after acquiring an additional 198,163 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Global X SuperDividend REIT ETF by 12.1% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 366,561 shares of the company’s stock worth $7,932,000 after purchasing an additional 39,710 shares during the period. D.A. Davidson & CO. acquired a new stake in Global X SuperDividend REIT ETF in the fourth quarter worth about $5,319,000. Finally, Sigma Planning Corp raised its holdings in Global X SuperDividend REIT ETF by 34.4% during the 1st quarter. Sigma Planning Corp now owns 50,709 shares of the company’s stock worth $1,075,000 after purchasing an additional 12,985 shares during 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.