CBRE Global Real Estate Income Fund (NYSE:IGR) Short Interest Update

CBRE Global Real Estate Income Fund (NYSE:IGR) saw a significant decrease in short interest in March. As of March 13th, there was short interest totaling 933,933 shares, a decrease of 15.9% from the February 26th total of 1,110,360 shares. Based on an average daily volume of 736,120 shares, the short-interest ratio is presently 1.3 days.

Institutional Trading of CBRE Global Real Estate Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Root Financial Partners LLC acquired a new stake in shares of CBRE Global Real Estate Income Fund during the third quarter worth about $34,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of CBRE Global Real Estate Income Fund in the second quarter valued at approximately $41,000. PFG Investments LLC purchased a new stake in CBRE Global Real Estate Income Fund during the 4th quarter worth approximately $44,000. Jump Financial LLC purchased a new stake in CBRE Global Real Estate Income Fund during the 4th quarter worth approximately $44,000. Finally, Fifth Third Wealth Advisors LLC acquired a new stake in CBRE Global Real Estate Income Fund during the 4th quarter worth approximately $47,000.

CBRE Global Real Estate Income Fund Stock Up 0.1%

Shares of NYSE IGR opened at $4.17 on Monday. CBRE Global Real Estate Income Fund has a twelve month low of $4.15 and a twelve month high of $5.37. The stock has a fifty day simple moving average of $4.74 and a 200-day simple moving average of $4.75.

CBRE Global Real Estate Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 20th will be issued a dividend of $0.06 per share. This represents a c) dividend on an annualized basis and a yield of 17.3%. The ex-dividend date is Friday, March 20th.

About CBRE Global Real Estate Income Fund

CBRE Global Real Estate Income Fund Inc (NYSE: IGR) is a closed‐end management investment company that seeks to provide attractive levels of current income and capital appreciation by investing primarily in global real estate securities. Managed by CBRE Investment Management, the fund’s portfolio is composed of publicly traded real estate investment trusts (REITs), real estate operating companies and other real estate‐related equity securities across developed and emerging markets.

The fund employs a research‐driven, bottom‐up investment approach, leveraging CBRE’s global platform and market intelligence to identify opportunities in diverse property sectors, including office, retail, industrial, residential and hospitality.