The Intelligent Real Estate ETF (NASDAQ:REAI) Short Interest Down 55.6% in February

The Intelligent Real Estate ETF (NASDAQ:REAIGet Free Report) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 400 shares, a drop of 55.6% from the January 31st total of 900 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is currently 0.8 days.

Intelligent Real Estate ETF Stock Up 1.0 %

Shares of Intelligent Real Estate ETF stock traded up $0.21 during trading hours on Friday, hitting $21.05. The company’s stock had a trading volume of 2,437 shares, compared to its average volume of 496. The business has a fifty day moving average of $20.74 and a 200 day moving average of $21.74. Intelligent Real Estate ETF has a 1-year low of $18.39 and a 1-year high of $23.33. The company has a market capitalization of $3.58 million, a PE ratio of 25.62 and a beta of 1.03.

Intelligent Real Estate ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were given a $0.1177 dividend. The ex-dividend date of this dividend was Friday, December 27th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Intelligent Real Estate ETF stock. Seneca House Advisors raised its position in shares of The Intelligent Real Estate ETF (NASDAQ:REAIFree Report) by 2.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 98,838 shares of the company’s stock after buying an additional 2,313 shares during the quarter. Intelligent Real Estate ETF comprises 0.8% of Seneca House Advisors’ portfolio, making the stock its 29th largest position. Seneca House Advisors owned approximately 58.14% of Intelligent Real Estate ETF worth $2,068,000 at the end of the most recent quarter.

About Intelligent Real Estate ETF

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The Tidal ETF Trust Intelligent Real Estate ETF (REAI) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed fund that invests primarily in US-listed commercial REITs that provide qualitative characteristics of a portfolio of public, non-traded REITs. The fund also invests, to a lesser extent, in mortgage-backed securities.

Further Reading

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