The Intelligent Real Estate ETF (NASDAQ:REAI) Short Interest Update

The Intelligent Real Estate ETF (NASDAQ:REAI) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 99 shares, a decrease of 41.4% from the August 31st total of 169 shares. Based on an average trading volume of 35 shares, the short-interest ratio is currently 2.8 days. Currently, 0.2% of the company’s shares are sold short.

Intelligent Real Estate ETF Stock Down 0.4%

Intelligent Real Estate ETF stock traded down $0.08 during mid-day trading on Wednesday, hitting $19.85. 16 shares of the stock were exchanged, compared to its average volume of 209. Intelligent Real Estate ETF has a 12 month low of $18.30 and a 12 month high of $21.95. The firm’s fifty day simple moving average is $21.32 and its two-hundred day simple moving average is $21.12. The stock has a market capitalization of $992,700.00, a price-to-earnings ratio of 24.84 and a beta of 0.97.

Intelligent Real Estate ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Monday, September 28th were given a dividend of $0.3251 per share. The ex-dividend date was Monday, September 28th. This represents a $1.30 annualized dividend and a dividend yield of 6.5%.

About Intelligent Real Estate ETF

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.