Global X SuperDividend REIT ETF (NASDAQ:SRET) Short Interest Update

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the target of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 4,100 shares, a drop of 84.5% from the October 15th total of 26,500 shares. Based on an average daily trading volume, of 26,100 shares, the short-interest ratio is presently 0.2 days.

Global X SuperDividend REIT ETF Price Performance

Global X SuperDividend REIT ETF stock traded down $0.15 during mid-day trading on Wednesday, reaching $21.12. The stock had a trading volume of 18,008 shares, compared to its average volume of 31,815. The company has a market capitalization of $217.54 million, a price-to-earnings ratio of 9.61 and a beta of 1.22. The company has a 50-day moving average price of $21.94 and a two-hundred day moving average price of $21.02. Global X SuperDividend REIT ETF has a one year low of $18.90 and a one year high of $22.88.

Global X SuperDividend REIT ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, November 13th. Stockholders of record on Tuesday, November 5th will be issued a dividend of $0.155 per share. This represents a $1.86 dividend on an annualized basis and a dividend yield of 8.81%. The ex-dividend date is Tuesday, November 5th.

Institutional Trading of Global X SuperDividend REIT ETF

Institutional investors have recently made changes to their positions in the stock. Axiom Advisory LLC boosted its position in Global X SuperDividend REIT ETF by 3.9% in the third quarter. Axiom Advisory LLC now owns 17,874 shares of the company’s stock worth $384,000 after purchasing an additional 668 shares during the last quarter. Cetera Advisors LLC bought a new position in Global X SuperDividend REIT ETF in the 1st quarter worth approximately $1,596,000. Cetera Investment Advisers increased its holdings in shares of Global X SuperDividend REIT ETF by 33.4% in the first quarter. Cetera Investment Advisers now owns 79,756 shares of the company’s stock worth $1,630,000 after purchasing an additional 19,952 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its position in shares of Global X SuperDividend REIT ETF by 28.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 1,040,000 shares of the company’s stock valued at $20,738,000 after acquiring an additional 230,000 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.