The Intelligent Real Estate ETF (NASDAQ:REAI – Get Free Report) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 67 shares, an increase of 1,575.0% from the July 30th total of 4 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 45 shares, the short-interest ratio is presently 1.5 days.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Intelligent Real Estate ETF stock. Jane Street Group LLC purchased a new stake in The Intelligent Real Estate ETF (NASDAQ:REAI – Free Report) during the 4th quarter, according to the company in its most recent disclosure 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 approximately 92.70% of Intelligent Real Estate ETF at the end of the most recent reporting period.
Intelligent Real Estate ETF Stock Performance
NASDAQ REAI traded up $0.00 during trading on Tuesday, reaching $21.67. The company’s stock had a trading volume of 25 shares, compared to its average volume of 225. The business’s fifty day moving average price is $21.48 and its 200-day moving average price is $21.08. Intelligent Real Estate ETF has a twelve month low of $18.30 and a twelve month high of $21.95. The firm has a market cap of $1.08 million, a price-to-earnings ratio of 24.84 and a beta of 0.98.
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.
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