Global X SuperDividend REIT ETF (NASDAQ:SRET) Sees Significant Decrease in Short Interest

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 7,212 shares, a decrease of 39.8% from the September 15th total of 11,976 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 41,824 shares, the days-to-cover ratio is currently 0.2 days.

Global X SuperDividend REIT ETF Stock Down 0.5%

NASDAQ:SRET traded down $0.10 during mid-day trading on Friday, reaching $19.61. 31,715 shares of the stock were exchanged, compared to its average volume of 45,865. The company has a 50 day simple moving average of $21.15 and a 200-day simple moving average of $21.99. The stock has a market capitalization of $199.83 million, a P/E ratio of 16.47 and a beta of 0.86. Global X SuperDividend REIT ETF has a 1 year low of $19.04 and a 1 year high of $23.48.

Global X SuperDividend REIT ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 13th. Shareholders of record on Monday, October 5th were paid a $0.1850 dividend. The ex-dividend date was Monday, October 5th. This represents a $2.22 dividend on an annualized basis and a yield of 11.3%.

Institutional Investors Weigh In On Global X SuperDividend REIT ETF

Several large investors have recently modified their holdings of SRET. Farther Finance Advisors LLC raised its position in Global X SuperDividend REIT ETF by 896.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,261 shares of the company’s stock valued at $45,000 after purchasing an additional 2,034 shares during the last quarter. M Holdings Securities Inc. acquired a new stake in Global X SuperDividend REIT ETF during the 2nd quarter worth $782,000. Bank of America Corp DE boosted its stake in Global X SuperDividend REIT ETF by 107.4% during the 1st 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. Sei Investments Co. acquired a new stake in Global X SuperDividend REIT ETF during the 1st quarter worth $218,000. Finally, Sigma Planning Corp grew its position in 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 purchasing an additional 12,985 shares during the last quarter.

Global X SuperDividend REIT ETF Company Profile

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.