The Intelligent Real Estate ETF (NASDAQ:REAI) Stock Short Interest Report for October

The Intelligent Real Estate ETF (NASDAQ:REAI – Get Free Report) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 42 shares, a drop of 52.8% from the September 30th total of 89 shares. Based on an average daily trading volume, of 38 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.1% of the shares of the company are short sold.

Intelligent Real Estate ETF Stock Down 0.5%

REAI traded down $0.10 on Friday, hitting $20.20. 141 shares of the company traded hands, compared to its average volume of 198. Intelligent Real Estate ETF has a 12-month low of $18.30 and a 12-month high of $21.95. The company has a 50 day moving average of $20.50 and a 200-day moving average of $20.84. The stock has a market capitalization of $1.01 million, a PE ratio of 24.84 and a beta of 0.99.

Intelligent Real Estate ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Monday, September 28th were paid a dividend of $0.3251 per share. This represents a $1.30 annualized dividend and a dividend yield of 6.4%. The ex-dividend date was Monday, September 28th.

About Intelligent Real Estate ETF

(Get Free Report)

The Tidal ETF Trust Intelligent Real Estate ETF (REAI) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed fund that invests primarily in US-listed commercial REITs that provide qualitative characteristics of a portfolio of public, non-traded REITs. The fund also invests, to a lesser extent, in mortgage-backed securities. REAI was launched on Jun 13, 2023 and is issued by Armada ETF Advisors.

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