Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) Sees Significant Increase in Short Interest
by Jessica Moore · The Cerbat GemVert Global Sustainable Real Estate ETF (NASDAQ:VGSR – Get Free Report) was the target of a large increase in short interest in March. As of March 31st, there was short interest totaling 487,810 shares, an increase of 22.2% from the March 15th total of 399,174 shares. Currently, 1.1% of the company’s stock are short sold. Based on an average daily volume of 71,089 shares, the days-to-cover ratio is presently 6.9 days.
Institutional Investors Weigh In On Vert Global Sustainable Real Estate ETF
Several large investors have recently bought and sold shares of the business. CoreFirst Bank & Trust bought a new position in Vert Global Sustainable Real Estate ETF during the 3rd quarter valued at about $36,000. Cloud Capital Management LLC bought a new stake in Vert Global Sustainable Real Estate ETF in the 3rd quarter worth approximately $190,000. Betterment LLC grew its position in Vert Global Sustainable Real Estate ETF by 49.2% in the 3rd quarter. Betterment LLC now owns 108,925 shares of the company’s stock worth $1,160,000 after purchasing an additional 35,919 shares during the period. SOA Wealth Advisors LLC. raised its stake in Vert Global Sustainable Real Estate ETF by 5.8% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 509,767 shares of the company’s stock valued at $5,429,000 after buying an additional 28,033 shares during the last quarter. Finally, Abacus Wealth Partners LLC lifted its holdings in shares of Vert Global Sustainable Real Estate ETF by 1.4% during the 4th quarter. Abacus Wealth Partners LLC now owns 12,412,287 shares of the company’s stock valued at $129,099,000 after buying an additional 171,537 shares during the period.
Vert Global Sustainable Real Estate ETF Stock Performance
Shares of NASDAQ:VGSR traded up $0.23 during trading on Friday, reaching $11.31. 11,676 shares of the stock traded hands, compared to its average volume of 80,679. The stock has a market cap of $510.31 million, a P/E ratio of 30.34 and a beta of 0.73. The stock has a 50-day moving average of $10.83 and a two-hundred day moving average of $10.63. Vert Global Sustainable Real Estate ETF has a 52-week low of $9.66 and a 52-week high of $11.35.
Vert Global Sustainable Real Estate ETF Increases Dividend
The firm also recently declared a dividend, which was paid on Friday, March 27th. Stockholders of record on Thursday, March 26th were issued a dividend of $0.0933 per share. The ex-dividend date of this dividend was Thursday, March 26th. This is an increase from Vert Global Sustainable Real Estate ETF’s previous dividend of $0.07.
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. VGSR was launched on Oct 31, 2017 and is issued by Vert.