Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) Sees Significant Growth in Short Interest

Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 95,200 shares, an increase of 351.2% from the March 15th total of 21,100 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 75,100 shares, the short-interest ratio is currently 1.3 days.

Vert Global Sustainable Real Estate ETF Trading Up 0.5 %

Shares of NASDAQ:VGSR opened at $9.64 on Tuesday. The company has a market capitalization of $400.93 million, a PE ratio of 25.74 and a beta of 0.89. Vert Global Sustainable Real Estate ETF has a 12-month low of $8.83 and a 12-month high of $11.34. The business’s fifty day simple moving average is $10.12 and its 200-day simple moving average is $10.39.

Vert Global Sustainable Real Estate ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Thursday, March 27th were issued a $0.0621 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.25 dividend on an annualized basis and a yield of 2.58%.

Institutional Trading of Vert Global Sustainable Real Estate ETF

Several hedge funds have recently modified their holdings of VGSR. Greykasell Wealth Strategies Inc. bought a new position in shares of Vert Global Sustainable Real Estate ETF during the 4th quarter worth approximately $105,000. Ariadne Wealth Management LP grew its holdings in Vert Global Sustainable Real Estate ETF by 51.1% in the fourth quarter. Ariadne Wealth Management LP now owns 60,533 shares of the company’s stock worth $626,000 after purchasing an additional 20,479 shares during the last quarter. Betterment LLC grew its holdings in Vert Global Sustainable Real Estate ETF by 38.8% in the fourth quarter. Betterment LLC now owns 89,951 shares of the company’s stock worth $910,000 after purchasing an additional 25,153 shares during the last quarter. Finally, SOA Wealth Advisors LLC. increased its position in shares of Vert Global Sustainable Real Estate ETF by 1.8% during the third quarter. SOA Wealth Advisors LLC. now owns 352,548 shares of the company’s stock worth $3,917,000 after purchasing an additional 6,121 shares in the last quarter.

About Vert Global Sustainable Real Estate ETF

The Vert Global Sustainable Real Estate ETF (VGSR) is an exchange-traded fund that is based on the S&P Global REIT index. The fund is an actively managed portfolio of sustainable real estate companies around the world that exhibit positive ESG characteristics. Portfolio holdings are weighted by modified market capitalization.