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

The Intelligent Real Estate ETF (NASDAQ:REAI) saw a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 400 shares, a drop of 55.6% from the January 31st total of 900 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is presently 0.8 days.

Intelligent Real Estate ETF Trading Up 1.0 %

Shares of NASDAQ REAI opened at $21.05 on Friday. The company has a market cap of $3.58 million, a price-to-earnings ratio of 25.62 and a beta of 1.03. Intelligent Real Estate ETF has a 12-month low of $18.39 and a 12-month high of $23.33. The stock’s 50 day simple moving average is $20.74 and its 200 day simple moving average is $21.73.

Intelligent Real Estate ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were paid a dividend of $0.1177 per share. The ex-dividend date of this dividend was Friday, December 27th.

Hedge Funds Weigh In On Intelligent Real Estate ETF

An institutional investor recently raised its position in Intelligent Real Estate ETF stock. Seneca House Advisors increased its stake in shares of The Intelligent Real Estate ETF (NASDAQ:REAI) by 2.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 98,838 shares of the company’s stock after purchasing an additional 2,313 shares during the quarter. Intelligent Real Estate ETF makes up approximately 0.8% of Seneca House Advisors’ portfolio, making the stock its 29th largest position. Seneca House Advisors owned about 58.14% of Intelligent Real Estate ETF worth $2,068,000 as of its most recent SEC filing.

Intelligent Real Estate ETF Company Profile

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.