The Intelligent Real Estate ETF (NASDAQ:REAI) Short Interest Down 93.1% in July

The Intelligent Real Estate ETF (NASDAQ:REAI) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 4 shares, a drop of 93.1% from the July 15th total of 58 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 261 shares, the short-interest ratio is presently 0.0 days.

Intelligent Real Estate ETF Stock Up 0.0%

Shares of Intelligent Real Estate ETF stock traded up $0.00 on Wednesday, hitting $21.38. The stock had a trading volume of 73 shares, compared to its average volume of 233. Intelligent Real Estate ETF has a twelve month low of $18.30 and a twelve month high of $21.92. The business’s 50 day moving average is $21.42 and its two-hundred day moving average is $20.96. The stock has a market cap of $1.07 million, a price-to-earnings ratio of 24.84 and a beta of 0.98.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Intelligent Real Estate ETF stock. Jane Street Group LLC acquired a new position in shares of The Intelligent Real Estate ETF (NASDAQ:REAI) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 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 at the end of the most recent reporting period.

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