CBRE Global Real Estate Income Fund (NYSE:IGR – Get Free Report) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totalling 127,400 shares, a decline of 19.7% from the May 31st total of 158,600 shares. Based on an average daily volume of 473,700 shares, the short-interest ratio is presently 0.3 days.
CBRE Global Real Estate Income Fund Stock Down 0.4 %
Shares of IGR stock opened at $5.02 on Tuesday. The firm’s 50-day moving average is $5.03 and its two-hundred day moving average is $5.15. CBRE Global Real Estate Income Fund has a 12 month low of $3.88 and a 12 month high of $5.62.
CBRE Global Real Estate Income Fund Increases Dividend
The business also recently declared a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 20th were paid a $0.06 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 14.34%. This is an increase from CBRE Global Real Estate Income Fund’s previous monthly dividend of $0.05. The ex-dividend date was Thursday, June 20th.
Institutional Investors Weigh In On CBRE Global Real Estate Income Fund
CBRE Global Real Estate Income Fund Company Profile
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.
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