Short Interest in CBRE Global Real Estate Income Fund (NYSE:IGR) Decreases By 22.7%

CBRE Global Real Estate Income Fund (NYSE:IGR) saw a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 1,110,360 shares, a decline of 22.7% from the February 12th total of 1,437,077 shares. Based on an average trading volume of 765,614 shares, the days-to-cover ratio is currently 1.5 days. Based on an average trading volume of 765,614 shares, the days-to-cover ratio is currently 1.5 days.

CBRE Global Real Estate Income Fund Stock Down 0.3%

Shares of NYSE IGR traded down $0.02 during midday trading on Friday, reaching $4.56. The stock had a trading volume of 636,424 shares, compared to its average volume of 1,052,793. CBRE Global Real Estate Income Fund has a twelve month low of $4.20 and a twelve month high of $5.37. The company’s 50 day moving average price is $4.79 and its 200 day moving average price is $4.79.

CBRE Global Real Estate Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 20th will be issued a $0.06 dividend. The ex-dividend date is Friday, March 20th. This represents a c) annualized dividend and a yield of 15.8%.

Insider Buying and Selling

In other news, Director Peter Francis Finnerty bought 46,500 shares of the firm’s stock in a transaction on Wednesday, December 17th. The stock was acquired at an average price of $4.32 per share, with a total value of $200,880.00. Following the transaction, the director owned 46,500 shares of the company’s stock, valued at $200,880. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Institutional Trading of CBRE Global Real Estate Income Fund

A number of large investors have recently bought and sold shares of IGR. Root Financial Partners LLC bought a new position in shares of CBRE Global Real Estate Income Fund in the 3rd quarter worth about $34,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of CBRE Global Real Estate Income Fund during the 2nd quarter valued at about $41,000. PFG Investments LLC acquired a new stake in CBRE Global Real Estate Income Fund during the fourth quarter worth approximately $44,000. Jump Financial LLC acquired a new stake in CBRE Global Real Estate Income Fund during the fourth quarter worth approximately $44,000. Finally, Fifth Third Wealth Advisors LLC bought a new stake in CBRE Global Real Estate Income Fund in the fourth quarter worth approximately $47,000.

About CBRE Global Real Estate Income Fund

CBRE Global Real Estate Income Fund Inc (NYSE: IGR) is a closed‐end management investment company that seeks to provide attractive levels of current income and capital appreciation by investing primarily in global real estate securities. Managed by CBRE Investment Management, the fund’s portfolio is composed of publicly traded real estate investment trusts (REITs), real estate operating companies and other real estate‐related equity securities across developed and emerging markets.

The fund employs a research‐driven, bottom‐up investment approach, leveraging CBRE’s global platform and market intelligence to identify opportunities in diverse property sectors, including office, retail, industrial, residential and hospitality.