CBRE Global Real Estate Income Fund (NYSE:IGR) Sees Significant Increase in Short Interest

Posted by Carolyn Dwyer on Mar 4th, 2025

CBRE Global Real Estate Income Fund (NYSE:IGR – Get Free Report) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 774,900 shares, an increase of 77.3% from the January 31st total of 437,100 shares. Based on an average trading volume of 837,300 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of CBRE Global Real Estate Income Fund

Several large investors have recently added to or reduced their stakes in IGR. Daymark Wealth Partners LLC bought a new position in shares of CBRE Global Real Estate Income Fund in the fourth quarter valued at approximately $49,000. Centurion Wealth Management LLC acquired a new stake in CBRE Global Real Estate Income Fund during the 4th quarter valued at $50,000. SeaCrest Wealth Management LLC bought a new position in CBRE Global Real Estate Income Fund in the 4th quarter valued at $54,000. Walleye Capital LLC acquired a new position in CBRE Global Real Estate Income Fund in the fourth quarter worth $58,000. Finally, Mercer Global Advisors Inc. ADV grew its holdings in shares of CBRE Global Real Estate Income Fund by 21.6% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 12,196 shares of the closed-end fund’s stock worth $59,000 after purchasing an additional 2,163 shares during the last quarter.

CBRE Global Real Estate Income Fund Stock Performance

Shares of NYSE:IGR opened at $5.31 on Tuesday. The company’s fifty day moving average is $5.11 and its 200-day moving average is $5.67. CBRE Global Real Estate Income Fund has a 52 week low of $4.68 and a 52 week high of $6.69.

CBRE Global Real Estate Income Fund Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were given a $0.06 dividend. The ex-dividend date was Thursday, February 20th. This represents a yield of 13.53%.

About CBRE Global Real Estate Income Fund

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CBRE Clarion Global Real Estate Income Fund specializes in investments in various property types, including office, retail, diversified, apartments, industrials, hotels, healthcare, and storage. It invests in the public equity markets across the developed markets of North America, Europe, Australia, and Asia.