CBRE Global Real Estate Income Fund (NYSE:IGR) Short Interest Update

CBRE Global Real Estate Income Fund (NYSE:IGR) was the recipient of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 933,933 shares, a decrease of 15.9% from the February 26th total of 1,110,360 shares. Based on an average daily volume of 736,120 shares, the short-interest ratio is presently 1.3 days.

Hedge Funds Weigh In On CBRE Global Real Estate Income Fund

A number of large investors have recently modified their holdings of IGR. NWF Advisory Services Inc. lifted its stake in shares of CBRE Global Real Estate Income Fund by 17.1% during the fourth quarter. NWF Advisory Services Inc. now owns 62,300 shares of the closed-end fund’s stock worth $273,000 after purchasing an additional 9,100 shares in the last quarter. Alpine Global Management LLC acquired a new stake in shares of CBRE Global Real Estate Income Fund in the fourth quarter valued at about $196,000. Virtu Financial LLC acquired a new stake in shares of CBRE Global Real Estate Income Fund in the fourth quarter valued at about $163,000. EP Wealth Advisors LLC purchased a new stake in shares of CBRE Global Real Estate Income Fund during the 4th quarter valued at about $161,000. Finally, XTX Topco Ltd purchased a new stake in shares of CBRE Global Real Estate Income Fund during the 4th quarter valued at about $347,000.

CBRE Global Real Estate Income Fund Stock Up 3.7%

Shares of IGR traded up $0.16 during mid-day trading on Tuesday, reaching $4.38. The company had a trading volume of 1,608,112 shares, compared to its average volume of 998,042. CBRE Global Real Estate Income Fund has a fifty-two week low of $4.15 and a fifty-two week high of $5.37. The firm has a fifty day simple moving average of $4.73 and a 200-day simple moving average of $4.74.

CBRE Global Real Estate Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 20th will be issued a $0.06 dividend. The ex-dividend date is Friday, March 20th. This represents a c) dividend on an annualized basis and a yield of 16.5%.

About CBRE Global Real Estate Income Fund

CBRE Global Real Estate Income Fund Inc (NYSE: IGR) is a closed‐end management investment company that seeks to provide attractive levels of current income and capital appreciation by investing primarily in global real estate securities. Managed by CBRE Investment Management, the fund’s portfolio is composed of publicly traded real estate investment trusts (REITs), real estate operating companies and other real estate‐related equity securities across developed and emerging markets.

The fund employs a research‐driven, bottom‐up investment approach, leveraging CBRE’s global platform and market intelligence to identify opportunities in diverse property sectors, including office, retail, industrial, residential and hospitality.