The Intelligent Real Estate ETF (NASDAQ:REAI) Sees Large Drop in Short Interest

The Intelligent Real Estate ETF (NASDAQ:REAI) saw a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 400 shares, a decline of 55.6% from the January 31st total of 900 shares. Based on an average trading volume of 500 shares, the short-interest ratio is currently 0.8 days.

Institutional Investors Weigh In On Intelligent Real Estate ETF

A hedge fund recently raised its stake in Intelligent Real Estate ETF stock. Seneca House Advisors raised its holdings in The Intelligent Real Estate ETF (NASDAQ:REAI) by 2.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 98,838 shares of the company’s stock after purchasing an additional 2,313 shares during the period. Intelligent Real Estate ETF makes up about 0.8% of Seneca House Advisors’ portfolio, making the stock its 29th largest holding. Seneca House Advisors owned approximately 58.14% of Intelligent Real Estate ETF worth $2,068,000 as of its most recent SEC filing.

Intelligent Real Estate ETF Stock Up 1.0 %

NASDAQ REAI traded up $0.21 during trading hours on Friday, hitting $21.05. The company’s stock had a trading volume of 2,437 shares, compared to its average volume of 496. The stock has a fifty day moving average of $20.74 and a 200 day moving average of $21.74. The firm has a market capitalization of $3.58 million, a P/E ratio of 25.62 and a beta of 1.03. Intelligent Real Estate ETF has a twelve month low of $18.39 and a twelve month high of $23.33.

Intelligent Real Estate ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were given a dividend of $0.1177 per share. The ex-dividend date of this dividend was Friday, December 27th.

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.