Global X SuperDividend REIT ETF (NASDAQ:SRET) Short Interest Up 30.7% in April

Global X SuperDividend REIT ETF (NASDAQ:SRETGet Rating) was the target of a large increase in short interest in April. As of April 30th, there was short interest totalling 74,100 shares, an increase of 30.7% from the April 15th total of 56,700 shares. Based on an average daily volume of 213,000 shares, the short-interest ratio is presently 0.3 days.

SRET traded up $0.10 on Tuesday, reaching $8.57. The stock had a trading volume of 1,578 shares, compared to its average volume of 224,407. Global X SuperDividend REIT ETF has a fifty-two week low of $8.16 and a fifty-two week high of $10.34. The firm has a 50-day moving average of $8.89 and a 200-day moving average of $9.14.

The company also recently announced a monthly dividend, which was paid on Thursday, May 12th. Shareholders of record on Thursday, May 5th were issued a $0.05 dividend. The ex-dividend date was Wednesday, May 4th. This represents a $0.60 dividend on an annualized basis and a yield of 7.00%.

A number of institutional investors and hedge funds have recently modified their holdings of SRET. AE Wealth Management LLC raised its holdings in Global X SuperDividend REIT ETF by 10.5% during the 4th quarter. AE Wealth Management LLC now owns 11,609 shares of the company’s stock worth $111,000 after purchasing an additional 1,105 shares during the last quarter. Gladstone Institutional Advisory LLC raised its holdings in Global X SuperDividend REIT ETF by 8.0% during the 1st quarter. Gladstone Institutional Advisory LLC now owns 15,752 shares of the company’s stock worth $145,000 after purchasing an additional 1,168 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in Global X SuperDividend REIT ETF by 5.9% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 29,204 shares of the company’s stock worth $278,000 after purchasing an additional 1,639 shares during the last quarter. Founders Financial Alliance LLC raised its holdings in Global X SuperDividend REIT ETF by 4.7% during the 1st quarter. Founders Financial Alliance LLC now owns 87,771 shares of the company’s stock worth $807,000 after purchasing an additional 3,915 shares during the last quarter. Finally, Ahrens Investment Partners LLC bought a new position in Global X SuperDividend REIT ETF during the 4th quarter worth approximately $56,000.

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