Global X SuperDividend REIT ETF (NASDAQ:SRET) Short Interest Up 330.9% in August

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the target of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 45,535 shares, a growth of 330.9% from the July 30th total of 10,567 shares. Based on an average trading volume of 33,946 shares, the short-interest ratio is currently 1.3 days. Approximately 0.4% of the shares of the company are sold short.

Global X SuperDividend REIT ETF Stock Performance

Shares of SRET stock traded down $0.08 during mid-day trading on Friday, reaching $22.25. 16,926 shares of the company’s stock traded hands, compared to its average volume of 44,386. The firm has a market capitalization of $228.95 million, a PE ratio of 16.47 and a beta of 0.85. Global X SuperDividend REIT ETF has a 12 month low of $20.72 and a 12 month high of $23.48. The firm has a 50 day moving average price of $22.61 and a two-hundred day moving average price of $22.37.

Global X SuperDividend REIT ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, August 12th. Investors of record on Wednesday, August 5th were given a dividend of $0.1822 per share. The ex-dividend date was Wednesday, August 5th. This represents a c) annualized dividend and a yield of 9.8%.

Institutional Trading of Global X SuperDividend REIT ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. D.A. Davidson & CO. purchased a new position in shares of Global X SuperDividend REIT ETF during the 4th quarter valued at about $5,319,000. Bank of America Corp DE boosted its position in shares of Global X SuperDividend REIT ETF by 107.4% in the first quarter. Bank of America Corp DE now owns 382,617 shares of the company’s stock worth $8,111,000 after purchasing an additional 198,163 shares during the period. LPL Financial LLC boosted its position in shares of Global X SuperDividend REIT ETF by 9.5% in the fourth quarter. LPL Financial LLC now owns 471,040 shares of the company’s stock worth $10,257,000 after purchasing an additional 40,743 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Global X SuperDividend REIT ETF by 12.1% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 366,561 shares of the company’s stock valued at $7,932,000 after purchasing an additional 39,710 shares during the period. Finally, Susquehanna International Group LLP raised its position in shares of Global X SuperDividend REIT ETF by 234.8% during the 3rd quarter. Susquehanna International Group LLP now owns 46,706 shares of the company’s stock valued at $1,011,000 after purchasing an additional 32,757 shares during the period.

About Global X SuperDividend REIT ETF

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.