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

The Intelligent Real Estate ETF (NASDAQ:REAI) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 500 shares, a growth of 400.0% from the February 28th total of 100 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 600 shares, the short-interest ratio is currently 0.8 days.

Intelligent Real Estate ETF Price Performance

Shares of NASDAQ:REAI traded down $0.09 during trading on Friday, hitting $20.08. 5,578 shares of the company’s stock were exchanged, compared to its average volume of 544. The business’s 50-day simple moving average is $20.65 and its 200 day simple moving average is $21.55. The company has a market cap of $3.41 million, a price-to-earnings ratio of 25.69 and a beta of 1.03. Intelligent Real Estate ETF has a 52-week low of $18.39 and a 52-week high of $23.33.

Institutional Investors Weigh In On Intelligent Real Estate ETF

An institutional investor recently raised its position in Intelligent Real Estate ETF stock. Seneca House Advisors grew its position in shares of The Intelligent Real Estate ETF (NASDAQ:REAI) by 2.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 98,838 shares of the company’s stock after acquiring an additional 2,313 shares during the quarter. Intelligent Real Estate ETF comprises approximately 0.8% of Seneca House Advisors’ holdings, making the stock its 29th largest holding. Seneca House Advisors owned 58.14% of Intelligent Real Estate ETF worth $2,068,000 at the end of the most recent quarter.

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.