Short Interest in Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) Grows By 351.2%

Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 95,200 shares, a growth of 351.2% from the March 15th total of 21,100 shares. Based on an average daily trading volume, of 75,100 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.2% of the shares of the company are short sold.

Vert Global Sustainable Real Estate ETF Stock Performance

Shares of VGSR opened at $9.67 on Wednesday. The company has a market capitalization of $405.08 million, a P/E ratio of 25.74 and a beta of 0.89. Vert Global Sustainable Real Estate ETF has a fifty-two week low of $8.83 and a fifty-two week high of $11.34. The business’s 50-day moving average is $10.11 and its two-hundred day moving average is $10.38.

Vert Global Sustainable Real Estate ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Thursday, March 27th were paid a $0.0621 dividend. This represents a $0.25 annualized dividend and a dividend yield of 2.57%. The ex-dividend date was Thursday, March 27th.

Institutional Investors Weigh In On Vert Global Sustainable Real Estate ETF

Hedge funds have recently modified their holdings of the company. SOA Wealth Advisors LLC. increased its stake in shares of Vert Global Sustainable Real Estate ETF by 1.8% during the third quarter. SOA Wealth Advisors LLC. now owns 352,548 shares of the company’s stock worth $3,917,000 after purchasing an additional 6,121 shares in the last quarter. Greykasell Wealth Strategies Inc. acquired a new stake in shares of Vert Global Sustainable Real Estate ETF during the 4th quarter worth approximately $105,000. Ariadne Wealth Management LP grew its holdings in shares of Vert Global Sustainable Real Estate ETF by 51.1% during the 4th quarter. Ariadne Wealth Management LP now owns 60,533 shares of the company’s stock worth $626,000 after purchasing an additional 20,479 shares during the period. Finally, Betterment LLC raised its stake in shares of Vert Global Sustainable Real Estate ETF by 38.8% in the 4th quarter. Betterment LLC now owns 89,951 shares of the company’s stock valued at $910,000 after acquiring an additional 25,153 shares during the period.

About Vert Global Sustainable Real Estate ETF

The Vert Global Sustainable Real Estate ETF (VGSR) is an exchange-traded fund that is based on the S&P Global REIT index. The fund is an actively managed portfolio of sustainable real estate companies around the world that exhibit positive ESG characteristics. Portfolio holdings are weighted by modified market capitalization.