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

The Intelligent Real Estate ETF (NASDAQ:REAI) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 58 shares, a growth of 100.0% from the June 30th total of 29 shares. Based on an average daily volume of 50 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.1% of the shares of the stock are sold short.

Intelligent Real Estate ETF Stock Performance

NASDAQ:REAI opened at $21.60 on Friday. The stock has a fifty day moving average of $21.42 and a 200 day moving average of $20.87. Intelligent Real Estate ETF has a 52-week low of $18.30 and a 52-week high of $21.92. The firm has a market capitalization of $1.08 million, a price-to-earnings ratio of 24.84 and a beta of 0.99.

Institutional Trading of Intelligent Real Estate ETF

An institutional investor recently bought a new stake in Intelligent Real Estate ETF stock. Jane Street Group LLC purchased a new stake in shares of The Intelligent Real Estate ETF (NASDAQ:REAI) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 46,351 shares of the company’s stock, valued at approximately $872,000. Jane Street Group LLC owned 92.70% of Intelligent Real Estate ETF as of its most recent SEC filing.

About Intelligent Real Estate ETF

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. REAI was launched on Jun 13, 2023 and is issued by Armada ETF Advisors.