The Intelligent Real Estate ETF (NASDAQ:REAI) Short Interest Up 28.0% in November

The Intelligent Real Estate ETF (NASDAQ:REAI) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 3,200 shares, a growth of 28.0% from the October 31st total of 2,500 shares. Based on an average daily volume of 400 shares, the short-interest ratio is currently 8.0 days.

Institutional Trading of Intelligent Real Estate ETF

An institutional investor recently bought a new position in Intelligent Real Estate ETF stock. Seneca House Advisors purchased a new position in shares of The Intelligent Real Estate ETF (NASDAQ:REAI) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 96,525 shares of the company’s stock, valued at approximately $2,206,000. Intelligent Real Estate ETF comprises 0.9% of Seneca House Advisors’ portfolio, making the stock its 26th biggest position. Seneca House Advisors owned about 56.78% of Intelligent Real Estate ETF at the end of the most recent reporting period.

Intelligent Real Estate ETF Stock Performance

Shares of REAI traded up $0.04 during mid-day trading on Friday, hitting $22.77. 35 shares of the company were exchanged, compared to its average volume of 437. The stock has a market cap of $3.87 million, a price-to-earnings ratio of 28.79 and a beta of 1.03. Intelligent Real Estate ETF has a 1-year low of $18.39 and a 1-year high of $23.33. The company has a 50 day moving average of $22.40 and a 200-day moving average of $21.34.

Intelligent Real Estate ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 29th were issued a dividend of $0.1894 per share. The ex-dividend date was Tuesday, October 29th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.33%.

Intelligent Real Estate ETF Company Profile

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.