Short Interest in Global X SuperDividend REIT ETF (NASDAQ:SRET) Grows By 300.0%

Global X SuperDividend REIT ETF (NASDAQ:SRET) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 3,200 shares, an increase of 300.0% from the December 15th total of 800 shares. Based on an average trading volume of 34,400 shares, the days-to-cover ratio is presently 0.1 days.

Global X SuperDividend REIT ETF Trading Up 0.2 %

Shares of NASDAQ:SRET traded up $0.04 on Monday, hitting $19.52. The company had a trading volume of 23,507 shares, compared to its average volume of 30,940. The company has a market cap of $195.98 million, a PE ratio of 9.61 and a beta of 1.22. Global X SuperDividend REIT ETF has a 52-week low of $18.90 and a 52-week high of $22.88. The business has a 50 day moving average of $20.68 and a 200 day moving average of $21.23.

Global X SuperDividend REIT ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were issued a $0.155 dividend. The ex-dividend date was Monday, December 30th. This represents a $1.86 dividend on an annualized basis and a yield of 9.53%.

Institutional Investors Weigh In On Global X SuperDividend REIT ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Axiom Advisory LLC raised its position in shares of Global X SuperDividend REIT ETF by 3.9% in the third quarter. Axiom Advisory LLC now owns 17,874 shares of the company’s stock valued at $384,000 after buying an additional 668 shares during the last quarter. HighTower Advisors LLC purchased a new stake in Global X SuperDividend REIT ETF in the 3rd quarter worth approximately $222,000. Finally, MML Investors Services LLC acquired a new position in Global X SuperDividend REIT ETF in the 3rd quarter valued at $279,000.

Global X SuperDividend REIT ETF Company Profile

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.