The Intelligent Real Estate ETF (NASDAQ:REAI) Sees Significant Growth in Short Interest

The Intelligent Real Estate ETF (NASDAQ:REAI) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 3,200 shares, an increase of 28.0% from the October 31st total of 2,500 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 8.0 days.

Intelligent Real Estate ETF Trading Up 0.2 %

Intelligent Real Estate ETF stock traded up $0.04 during midday trading on Friday, reaching $22.77. 35 shares of the stock traded hands, compared to its average volume of 437. The firm has a market cap of $3.87 million, a PE ratio of 28.79 and a beta of 1.03. The company has a 50-day simple moving average of $22.40 and a two-hundred day simple moving average of $21.34. Intelligent Real Estate ETF has a 12-month low of $18.39 and a 12-month high of $23.33.

Intelligent Real Estate ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 29th were paid a dividend of $0.1894 per share. The ex-dividend date was Tuesday, October 29th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.33%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Intelligent Real Estate ETF stock. Seneca House Advisors acquired a new position in shares of The Intelligent Real Estate ETF (NASDAQ:REAI) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 96,525 shares of the company’s stock, valued at approximately $2,206,000. Intelligent Real Estate ETF comprises about 0.9% of Seneca House Advisors’ holdings, making the stock its 26th biggest holding. Seneca House Advisors owned about 56.78% of Intelligent Real Estate ETF at the end of the most recent reporting period.

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.