NexPoint Diversified Real Estate Trust (NYSE:NXDT) Short Interest Update

NexPoint Diversified Real Estate Trust (NYSE:NXDT) saw a significant decrease in short interest in November. As of November 30th, there was short interest totalling 268,300 shares, a decrease of 16.6% from the November 15th total of 321,700 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily volume of 114,700 shares, the short-interest ratio is currently 2.3 days.

NexPoint Diversified Real Estate Trust Stock Performance

NXDT opened at 5.77 on Friday. The stock has a fifty day moving average of 5.68 and a 200-day moving average of 5.70. NexPoint Diversified Real Estate Trust has a 12-month low of 4.67 and a 12-month high of 9.06.

NexPoint Diversified Real Estate Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, November 15th will be issued a $0.15 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.40%.

Institutional Trading of NexPoint Diversified Real Estate Trust

A number of hedge funds have recently modified their holdings of the business. Virtu Financial LLC purchased a new stake in shares of NexPoint Diversified Real Estate Trust in the third quarter valued at $85,000. Barclays PLC lifted its holdings in shares of NexPoint Diversified Real Estate Trust by 237.8% in the third quarter. Barclays PLC now owns 45,072 shares of the company’s stock valued at $281,000 after purchasing an additional 31,731 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of NexPoint Diversified Real Estate Trust by 1.8% in the third quarter. Geode Capital Management LLC now owns 879,684 shares of the company’s stock valued at $5,500,000 after purchasing an additional 15,507 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its holdings in shares of NexPoint Diversified Real Estate Trust by 33.4% during the third quarter. Nomura Asset Management Co. Ltd. now owns 47,707 shares of the company’s stock worth $298,000 after acquiring an additional 11,934 shares in the last quarter. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of NexPoint Diversified Real Estate Trust during the third quarter worth $574,000.

About NexPoint Diversified Real Estate Trust

NexPoint Diversified Real Estate Trust (NXDT) is an externally advised diversified real estate investment trust (REIT), with its shares of common stock and 5.50% Series A Cumulative Preferred Shares listed on the New York Stock Exchange under the symbols NXDT and NXDT-PA, respectively. As a diversified REIT, NXDT's primary investment objective is to provide both current income and capital appreciation.