Global X SuperDividend REIT ETF (NASDAQ:SRET) Short Interest Update

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 6,980 shares, a drop of 77.8% from the May 31st total of 31,378 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 35,094 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Global X SuperDividend REIT ETF

Several institutional investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Global X SuperDividend REIT ETF by 9.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 326,851 shares of the company’s stock valued at $6,916,000 after buying an additional 29,478 shares during the period. Raymond James Financial Inc. purchased a new position in Global X SuperDividend REIT ETF during the second quarter worth $157,000. Bank of America Corp DE increased its position in Global X SuperDividend REIT ETF by 0.8% during the second quarter. Bank of America Corp DE now owns 79,551 shares of the company’s stock valued at $1,683,000 after acquiring an additional 624 shares during the last quarter. Family Management Corp bought a new position in Global X SuperDividend REIT ETF during the third quarter valued at $289,000. Finally, Susquehanna International Group LLP raised its stake in shares of Global X SuperDividend REIT ETF by 234.8% in the third quarter. Susquehanna International Group LLP now owns 46,706 shares of the company’s stock valued at $1,011,000 after acquiring an additional 32,757 shares during the period.

Global X SuperDividend REIT ETF Stock Performance

SRET stock traded up $0.24 during trading on Friday, hitting $22.71. 37,422 shares of the company’s stock traded hands, compared to its average volume of 49,245. Global X SuperDividend REIT ETF has a 52 week low of $20.72 and a 52 week high of $23.09. The stock has a market capitalization of $237.09 million, a price-to-earnings ratio of 16.47 and a beta of 0.85. The business has a fifty day simple moving average of $22.44 and a 200 day simple moving average of $22.23.

Global X SuperDividend REIT ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, June 3rd were paid a dividend of $0.153 per share. This represents a c) annualized dividend and a yield of 8.1%. The ex-dividend date of this dividend was Wednesday, June 3rd.

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.