Short Interest in The Intelligent Real Estate ETF (NASDAQ:REAI) Grows By 1,575.0%

The Intelligent Real Estate ETF (NASDAQ:REAI) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 67 shares, a growth of 1,575.0% from the July 30th total of 4 shares. Based on an average daily volume of 45 shares, the short-interest ratio is currently 1.5 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Trading of Intelligent Real Estate ETF

A hedge fund recently bought a new stake in Intelligent Real Estate ETF stock. Jane Street Group LLC bought a new position in The Intelligent Real Estate ETF (NASDAQ:REAI) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 46,351 shares of the company’s stock, valued at approximately $872,000. Jane Street Group LLC owned approximately 92.70% of Intelligent Real Estate ETF as of its most recent SEC filing.

Intelligent Real Estate ETF Stock Performance

Shares of NASDAQ REAI opened at $21.67 on Wednesday. The stock has a market cap of $1.08 million, a price-to-earnings ratio of 24.84 and a beta of 0.98. The business has a 50 day simple moving average of $21.48 and a 200 day simple moving average of $21.08. Intelligent Real Estate ETF has a 52 week low of $18.30 and a 52 week high of $21.95.

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. REAI was launched on Jun 13, 2023 and is issued by Armada ETF Advisors.