CBRE Global Real Estate Income Fund (NYSE:IGR) Stock Short Interest Report for October

CBRE Global Real Estate Income Fund (NYSE:IGR) saw a significant drop in short interest in October. As of October 15th, there was short interest totaling 27,358 shares, a drop of 85.2% from the September 30th total of 184,375 shares. Based on an average daily trading volume, of 493,847 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of CBRE Global Real Estate Income Fund

Several large investors have recently bought and sold shares of the company. Two Sigma Securities LLC acquired a new stake in CBRE Global Real Estate Income Fund in the 2nd quarter valued at about $47,000. United Capital Financial Advisors LLC purchased a new stake in shares of CBRE Global Real Estate Income Fund in the second quarter valued at about $50,000. Occidental Asset Management LLC purchased a new stake in shares of CBRE Global Real Estate Income Fund in the second quarter valued at about $64,000. Ameritas Advisory Services LLC acquired a new stake in shares of CBRE Global Real Estate Income Fund in the second quarter valued at approximately $66,000. Finally, Concurrent Investment Advisors LLC acquired a new stake in shares of CBRE Global Real Estate Income Fund in the second quarter valued at approximately $78,000.

CBRE Global Real Estate Income Fund Price Performance

Shares of NYSE:IGR traded down $0.01 during trading on Tuesday, hitting $10.79. 290,522 shares of the stock were exchanged, compared to its average volume of 272,858. The company has a fifty day moving average price of $12.34 and a two-hundred day moving average price of $13.61. CBRE Global Real Estate Income Fund has a 12-month low of $10.54 and a 12-month high of $15.13.

CBRE Global Real Estate Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Monday, December 21st will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Monday, December 21st. This represents a $2.16 annualized dividend and a yield of 20.0%.

CBRE Global Real Estate Income Fund Company Profile

CBRE Global Real Estate Income Fund (NYSE: IGR) is a closed-end investment fund focused on generating current income and, secondarily, long-term capital appreciation through investments in real estate-related securities.

The fund invests in a diversified portfolio of publicly traded real estate companies and real estate investment trusts (REITs), as well as other real estate securities. Its holdings may include common and preferred stocks, debt securities, and other income-producing investments associated with the global real estate industry.

IGR provides exposure to real estate markets across multiple regions, including the United States and international markets.