The Intelligent Real Estate ETF (NASDAQ:REAI) Short Interest Update

The Intelligent Real Estate ETF (NASDAQ:REAI) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 99 shares, a decline of 41.4% from the August 31st total of 169 shares. Based on an average trading volume of 35 shares, the days-to-cover ratio is currently 2.8 days. Approximately 0.2% of the shares of the company are short sold.

Intelligent Real Estate ETF Stock Down 0.6%

Shares of NASDAQ REAI traded down $0.11 during midday trading on Thursday, reaching $19.67. 71 shares of the stock were exchanged, compared to its average volume of 208. The firm has a market cap of $983,450.00, a price-to-earnings ratio of 24.84 and a beta of 0.97. The firm has a 50-day simple moving average of $21.29 and a two-hundred day simple moving average of $21.12. Intelligent Real Estate ETF has a twelve month low of $18.30 and a twelve month high of $21.95.

Intelligent Real Estate ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Monday, September 28th were given a dividend of $0.3251 per share. This represents a $1.30 annualized dividend and a yield of 6.6%. The ex-dividend date was Monday, September 28th.

About Intelligent Real Estate ETF

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. REAI was launched on Jun 13, 2023 and is issued by Armada ETF Advisors.