Long Pond Real Estate Select ETF (NYSEARCA:LPRE) Sees Large Growth in Short Interest
by Kim Johansen · The Markets DailyLong Pond Real Estate Select ETF (NYSEARCA:LPRE – Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 80,452 shares, a growth of 409.1% from the September 15th total of 15,803 shares. Currently, 1.3% of the company’s stock are sold short. Based on an average daily trading volume, of 12,641 shares, the days-to-cover ratio is currently 6.4 days.
Long Pond Real Estate Select ETF Price Performance
NYSEARCA:LPRE traded up $0.34 during mid-day trading on Friday, hitting $27.28. 14,406 shares of the company’s stock were exchanged, compared to its average volume of 24,227. The business has a fifty day moving average price of $28.67 and a 200 day moving average price of $28.80. Long Pond Real Estate Select ETF has a one year low of $25.25 and a one year high of $30.85. The company has a market cap of $169.68 million, a PE ratio of 17.88 and a beta of 0.72.
Long Pond Real Estate Select ETF Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were issued a $0.0309 dividend. This represents a $0.12 annualized dividend and a yield of 0.5%. This is a negative change from Long Pond Real Estate Select ETF’s previous quarterly dividend of $0.2409. The ex-dividend date of this dividend was Monday, September 28th.
Institutional Trading of Long Pond Real Estate Select ETF
Several institutional investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC bought a new stake in shares of Long Pond Real Estate Select ETF in the first quarter worth approximately $44,000. First National Bank Sioux Falls bought a new position in shares of Long Pond Real Estate Select ETF in the first quarter worth about $798,000. Arrow Capital Management LLC bought a new stake in Long Pond Real Estate Select ETF during the 4th quarter worth approximately $1,014,000. Journey Advisory Group LLC purchased a new position in shares of Long Pond Real Estate Select ETF during the 1st quarter valued at $4,104,000. Finally, Wind River Trust Co boosted its stake in shares of Long Pond Real Estate Select ETF by 44.5% in the second quarter. Wind River Trust Co now owns 278,361 shares of the company’s stock worth $8,379,000 after acquiring an additional 85,694 shares during the period.
About Long Pond Real Estate Select ETF
The Long Pond Real Estate Select ETF (LPRE) is an exchange-traded fund. LPRE was launched on Apr 4, 2025 and is issued by Long Pond.
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