Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) Sees Large Decline in Short Interest

Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 35,616 shares, a decline of 46.1% from the August 31st total of 66,060 shares. Based on an average daily trading volume, of 148,806 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Vert Global Sustainable Real Estate ETF Price Performance

Shares of VGSR stock opened at $10.62 on Thursday. The business’s fifty day moving average price is $11.32 and its 200 day moving average price is $11.19. The firm has a market capitalization of $475.46 million, a PE ratio of 30.34 and a beta of 0.69. Vert Global Sustainable Real Estate ETF has a 1-year low of $9.96 and a 1-year high of $12.26.

Vert Global Sustainable Real Estate ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Thursday, September 24th were issued a $0.0601 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Thursday, September 24th.

Institutional Trading of Vert Global Sustainable Real Estate ETF

A number of institutional investors have recently added to or reduced their stakes in VGSR. SOA Wealth Advisors LLC. grew its position in Vert Global Sustainable Real Estate ETF by 3.2% during the first quarter. SOA Wealth Advisors LLC. now owns 540,065 shares of the company’s stock worth $5,579,000 after buying an additional 16,747 shares during the period. Koss Olinger Consulting LLC lifted its position in shares of Vert Global Sustainable Real Estate ETF by 1.5% during the 1st quarter. Koss Olinger Consulting LLC now owns 259,627 shares of the company’s stock valued at $2,682,000 after acquiring an additional 3,813 shares during the period. Finally, Red Lighthouse Investment Management LLC lifted its position in shares of Vert Global Sustainable Real Estate ETF by 0.6% during the 2nd quarter. Red Lighthouse Investment Management LLC now owns 231,474 shares of the company’s stock valued at $2,635,000 after acquiring an additional 1,387 shares during the period.

Vert Global Sustainable Real Estate ETF Company Profile

The Vert Global Sustainable Real Estate ETF (VGSR) is an exchange-traded fund that is based on the S&P Global REIT index. The fund is an actively managed portfolio of sustainable real estate companies around the world that exhibit positive ESG characteristics. Portfolio holdings are weighted by modified market capitalization. VGSR was launched on Oct 31, 2017 and is issued by Vert.