Global X SuperDividend REIT ETF (NASDAQ:SRET) Short Interest Up 263.2% in September

Global X SuperDividend REIT ETF (NASDAQ:SRET) saw a significant growth in short interest in September. As of September 15th, there was short interest totalling 6,900 shares, a growth of 263.2% from the August 31st total of 1,900 shares. Based on an average daily trading volume, of 29,000 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Global X SuperDividend REIT ETF

A number of large investors have recently made changes to their positions in the business. Daiwa Securities Group Inc. grew its position in Global X SuperDividend REIT ETF by 28.4% in the second quarter. Daiwa Securities Group Inc. now owns 1,040,000 shares of the company’s stock worth $20,738,000 after acquiring an additional 230,000 shares in the last quarter. Cetera Advisors LLC purchased a new stake in Global X SuperDividend REIT ETF during the first quarter valued at approximately $1,596,000. Cetera Investment Advisers lifted its stake in shares of Global X SuperDividend REIT ETF by 33.4% in the 1st quarter. Cetera Investment Advisers now owns 79,756 shares of the company’s stock valued at $1,630,000 after purchasing an additional 19,952 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Global X SuperDividend REIT ETF by 4.5% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 339,792 shares of the company’s stock worth $7,132,000 after purchasing an additional 14,567 shares during the period.

Global X SuperDividend REIT ETF Stock Down 0.6 %

NASDAQ SRET traded down $0.14 during trading on Wednesday, hitting $22.52. 3,294 shares of the stock traded hands, compared to its average volume of 31,727. The company has a market capitalization of $234.66 million, a P/E ratio of 9.61 and a beta of 1.22. Global X SuperDividend REIT ETF has a 12-month low of $18.06 and a 12-month high of $22.88. The firm has a 50-day simple moving average of $21.68 and a 200-day simple moving average of $20.53.

Global X SuperDividend REIT ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, September 12th. Shareholders of record on Thursday, September 5th were paid a $0.155 dividend. This is a boost from Global X SuperDividend REIT ETF’s previous monthly dividend of $0.15. This represents a $1.86 dividend on an annualized basis and a dividend yield of 8.26%. The ex-dividend date of this dividend was Thursday, September 5th.

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.