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

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the recipient of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 31,378 shares, a drop of 43.0% from the May 14th total of 55,004 shares. Based on an average daily trading volume, of 41,870 shares, the short-interest ratio is currently 0.7 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Investors Weigh In On Global X SuperDividend REIT ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE lifted its holdings in 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 valued at $8,111,000 after acquiring an additional 198,163 shares during the period. Sei Investments Co. purchased a new stake in shares of Global X SuperDividend REIT ETF during the 1st quarter worth approximately $218,000. Sigma Planning Corp boosted its stake in shares of Global X SuperDividend REIT ETF by 34.4% during the 1st quarter. Sigma Planning Corp now owns 50,709 shares of the company’s stock worth $1,075,000 after acquiring an additional 12,985 shares in the last quarter. Osaic Holdings Inc. boosted its stake in shares of Global X SuperDividend REIT ETF by 11.1% during the 4th quarter. Osaic Holdings Inc. now owns 26,847 shares of the company’s stock worth $585,000 after acquiring an additional 2,691 shares in the last quarter. Finally, Advyzon Investment Management LLC increased its stake in Global X SuperDividend REIT ETF by 7.2% in the 4th quarter. Advyzon Investment Management LLC now owns 17,484 shares of the company’s stock valued at $381,000 after purchasing an additional 1,174 shares in the last quarter.

Global X SuperDividend REIT ETF Price Performance

NASDAQ SRET traded down $0.04 on Monday, hitting $22.38. 31,043 shares of the company’s stock were exchanged, compared to its average volume of 50,422. The firm’s 50-day moving average price is $22.36 and its two-hundred day moving average price is $22.21. Global X SuperDividend REIT ETF has a fifty-two week low of $20.70 and a fifty-two week high of $23.09. The firm has a market cap of $233.65 million, a price-to-earnings ratio of 16.47 and a beta of 0.85.

Global X SuperDividend REIT ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, June 3rd were issued a $0.153 dividend. The ex-dividend date of this dividend was Wednesday, June 3rd. This represents a c) dividend on an annualized basis and a yield of 8.2%.

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.