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

Posted by Dante Gardener on Dec 2nd, 2024

The Intelligent Real Estate ETF (NASDAQ:REAI – Get Free Report) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 3,200 shares, a growth of 28.0% from the October 31st total of 2,500 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 8.0 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Intelligent Real Estate ETF stock. Seneca House Advisors purchased a new position in The Intelligent Real Estate ETF (NASDAQ:REAI – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 96,525 shares of the company’s stock, valued at approximately $2,206,000. Intelligent Real Estate ETF accounts for about 0.9% of Seneca House Advisors’ investment portfolio, making the stock its 26th biggest position. Seneca House Advisors owned about 56.78% of Intelligent Real Estate ETF at the end of the most recent quarter.

Intelligent Real Estate ETF Price Performance

Shares of REAI stock opened at $22.77 on Monday. The company’s fifty day simple moving average is $22.40 and its two-hundred day simple moving average is $21.36. Intelligent Real Estate ETF has a 1 year low of $18.39 and a 1 year high of $23.33. The stock has a market capitalization of $3.87 million, a price-to-earnings ratio of 28.79 and a beta of 1.03.

Intelligent Real Estate ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 29th were issued a dividend of $0.1894 per share. The ex-dividend date of this dividend was Tuesday, October 29th. This represents a $0.76 dividend on an annualized basis and a yield of 3.33%.

Intelligent Real Estate ETF Company Profile

(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.