Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) Sees Large Increase in Short Interest

Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 260,787 shares, a growth of 166.5% from the May 14th total of 97,858 shares. Based on an average daily volume of 80,549 shares, the days-to-cover ratio is presently 3.2 days. Currently, 0.6% of the shares of the stock are short sold.

Vert Global Sustainable Real Estate ETF Trading Up 0.7%

Shares of VGSR traded up $0.08 during mid-day trading on Friday, hitting $11.54. 81,517 shares of the company traded hands, compared to its average volume of 77,691. Vert Global Sustainable Real Estate ETF has a one year low of $9.96 and a one year high of $12.26. The business has a 50-day moving average of $11.12 and a 200 day moving average of $10.82. The stock has a market capitalization of $521.49 million, a price-to-earnings ratio of 30.34 and a beta of 0.74.

Vert Global Sustainable Real Estate ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 27th. Stockholders of record on Thursday, March 26th were paid a dividend of $0.0933 per share. This is an increase from Vert Global Sustainable Real Estate ETF’s previous dividend of $0.07. The ex-dividend date of this dividend was Thursday, March 26th.

Institutional Trading of Vert Global Sustainable Real Estate ETF

Several hedge funds have recently modified their holdings of the stock. Abacus Wealth Partners LLC grew its stake in shares of Vert Global Sustainable Real Estate ETF by 1.4% during the fourth quarter. Abacus Wealth Partners LLC now owns 12,412,287 shares of the company’s stock valued at $129,099,000 after purchasing an additional 171,537 shares during the last quarter. SOA Wealth Advisors LLC. grew its stake in shares of Vert Global Sustainable Real Estate ETF by 3.2% during the first quarter. SOA Wealth Advisors LLC. now owns 540,065 shares of the company’s stock valued at $5,579,000 after purchasing an additional 16,747 shares during the last quarter. Koss Olinger Consulting LLC grew its stake in shares of Vert Global Sustainable Real Estate ETF by 1.5% during the first quarter. Koss Olinger Consulting LLC now owns 259,627 shares of the company’s stock valued at $2,682,000 after purchasing an additional 3,813 shares during the last quarter. Betterment LLC grew its stake in shares of Vert Global Sustainable Real Estate ETF by 4.4% during the fourth quarter. Betterment LLC now owns 113,725 shares of the company’s stock valued at $1,183,000 after purchasing an additional 4,800 shares during the last quarter. Finally, CoreFirst Bank & Trust bought a new stake in shares of Vert Global Sustainable Real Estate ETF during the third quarter valued at approximately $36,000.

About Vert Global Sustainable Real Estate ETF

The Vert Global Sustainable Real Estate ETF (VGSR) is an exchange-traded fund that is based on the S&P Global REIT index. The fund is an actively managed portfolio of sustainable real estate companies around the world that exhibit positive ESG characteristics. Portfolio holdings are weighted by modified market capitalization. VGSR was launched on Oct 31, 2017 and is issued by Vert.