Global X SuperDividend REIT ETF (NASDAQ:SRET) Short Interest Up 300.0% in December

Global X SuperDividend REIT ETF (NASDAQ:SRET) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 3,200 shares, an increase of 300.0% from the December 15th total of 800 shares. Based on an average daily trading volume, of 34,400 shares, the days-to-cover ratio is currently 0.1 days.

Global X SuperDividend REIT ETF Trading Up 0.7 %

Shares of NASDAQ SRET traded up $0.13 during midday trading on Tuesday, hitting $19.65. The company’s stock had a trading volume of 3,579 shares, compared to its average volume of 27,500. Global X SuperDividend REIT ETF has a 12-month low of $18.90 and a 12-month high of $22.88. The firm has a market cap of $197.29 million, a P/E ratio of 9.61 and a beta of 1.22. The business’s 50 day moving average is $20.68 and its two-hundred day moving average is $21.23.

Global X SuperDividend REIT ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were issued a dividend of $0.155 per share. This represents a $1.86 annualized dividend and a yield of 9.47%. The ex-dividend date was Monday, December 30th.

Institutional Investors Weigh In On Global X SuperDividend REIT ETF

Several hedge funds have recently modified their holdings of the business. Axiom Advisory LLC lifted its stake in shares of Global X SuperDividend REIT ETF by 3.9% during the 3rd 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. MML Investors Services LLC purchased a new stake in shares of Global X SuperDividend REIT ETF during the third quarter valued at about $279,000. Finally, HighTower Advisors LLC bought a new stake in shares of Global X SuperDividend REIT ETF in the 3rd quarter valued at about $222,000.

About Global X SuperDividend REIT ETF

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.