Global X SuperDividend REIT ETF (NASDAQ:SRET) Shares Shorted: Short Interest Up 323.0% in October

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the target of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 46,028 shares, an increase of 323.0% from the October 15th total of 10,882 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average trading volume of 37,715 shares, the short-interest ratio is currently 1.2 days.

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 SRET. Latitude Advisors LLC acquired a new position in shares of Global X SuperDividend REIT ETF during the 3rd quarter worth about $28,000. Farther Finance Advisors LLC raised its position in shares of Global X SuperDividend REIT ETF by 896.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,261 shares of the company’s stock valued at $45,000 after acquiring an additional 2,034 shares during the period. Fifth Third Bancorp acquired a new stake in shares of Global X SuperDividend REIT ETF in the 3rd quarter valued at approximately $96,000. Sei Investments Co. bought a new position in Global X SuperDividend REIT ETF during the 1st quarter worth approximately $218,000. Finally, M Holdings Securities Inc. bought a new position in Global X SuperDividend REIT ETF during the 2nd quarter worth approximately $782,000.

Global X SuperDividend REIT ETF Stock Down 0.9%

Shares of SRET opened at $20.00 on Thursday. Global X SuperDividend REIT ETF has a 12-month low of $19.04 and a 12-month high of $23.48. The firm has a market capitalization of $199.40 million, a price-to-earnings ratio of 14.44 and a beta of 0.87. The stock’s 50-day moving average price is $20.27 and its 200 day moving average price is $21.85.

Global X SuperDividend REIT ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, November 12th. Shareholders of record on Wednesday, November 4th will be paid a dividend of $0.1850 per share. The ex-dividend date is Wednesday, November 4th. This represents a $2.22 dividend on an annualized basis and a yield of 11.1%.

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.