Global X SuperDividend REIT ETF (NASDAQ:SRET) Short Interest Down 43.0% in May

Global X SuperDividend REIT ETF (NASDAQ:SRET) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 31,378 shares, a decline of 43.0% from the May 14th total of 55,004 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 41,870 shares, the short-interest ratio is currently 0.7 days.

Global X SuperDividend REIT ETF Stock Performance

SRET opened at $22.42 on Friday. The firm has a market cap of $234.06 million, a price-to-earnings ratio of 16.47 and a beta of 0.85. Global X SuperDividend REIT ETF has a 12 month low of $20.70 and a 12 month high of $23.09. The stock has a fifty day moving average price of $22.34 and a 200-day moving average price of $22.20.

Global X SuperDividend REIT ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, June 3rd were given a $0.153 dividend. This represents a c) annualized dividend and a dividend yield of 8.2%. The ex-dividend date of this dividend was Wednesday, June 3rd.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. D.A. Davidson & CO. bought a new position in shares of Global X SuperDividend REIT ETF in the 4th quarter worth $5,319,000. Stratos Wealth Partners LTD. raised its position in shares of Global X SuperDividend REIT ETF by 7.0% in the 4th quarter. Stratos Wealth Partners LTD. now owns 44,407 shares of the company’s stock worth $967,000 after acquiring an additional 2,899 shares in the last quarter. Advyzon Investment Management LLC raised its position in shares of Global X SuperDividend REIT ETF by 3.5% in the 3rd quarter. Advyzon Investment Management LLC now owns 16,310 shares of the company’s stock worth $353,000 after acquiring an additional 553 shares in the last quarter. Founders Financial Alliance LLC raised its position in shares of Global X SuperDividend REIT ETF by 23.9% in the 3rd quarter. Founders Financial Alliance LLC now owns 2,586 shares of the company’s stock worth $56,000 after acquiring an additional 499 shares in the last quarter. Finally, Sei Investments Co. purchased a new position in Global X SuperDividend REIT ETF during the 1st quarter worth $218,000.

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.