ProShares Short Real Estate (REK)
| Assets | $11.40M |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | 644,888 |
| Dividend (ttm) | $1.08 |
| Dividend Yield | 6.27% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | -7.24% |
| Volume | 6,316 |
| Open | 17.27 |
| Previous Close | 17.29 |
| Day's Range | 17.21 - 17.30 |
| 52-Week Low | 15.97 |
| 52-Week High | 20.55 |
| Beta | -1.02 |
| Holdings | 8 |
| Inception Date | Mar 18, 2010 |
About REK
Fund Home PageThe ProShares Short Real Estate (REK) is an exchange-traded fund that is based on the S&P Real Estate Select Sector index. The fund provides inverse exposure to a market cap-weighted index of large US real estate companies, including REITs. REK was launched on Mar 18, 2010 and is issued by ProShares.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.287 | n/a |
| Sep 25, 2024 | $0.293 | Oct 2, 2024 |
| Jun 26, 2024 | $0.312 | Jul 3, 2024 |
| Mar 20, 2024 | $0.192 | Mar 27, 2024 |
| Dec 20, 2023 | $0.306 | Dec 28, 2023 |
| Sep 20, 2023 | $0.215 | Sep 27, 2023 |
News
REITs Say 'Good Riddance' To 2024
U.S. equity markets sputtered in a choppy final week of 2024 as investors returned from the holidays with trepidation following the best two-year run for the S&P 500 since 1997-1998. The S&P 500 finis...
REITs Remain On Naughty List
U.S. equity markets rebounded after their worst week since November, while interest rates swelled to fresh seven-month highs as investors parsed data showing relatively strong retail and travel demand...
At-The-Market Issuance By U.S. REITs Hits All-Time Quarterly High In Q3 2024
Total proceeds raised by US equity real estate investment trusts through at-the-market offering programs rocketed to an all-time high in the third quarter. US REITs raised an aggregate of $7.21 billio...
NAV Monitor: U.S. Equity REITs End November At 6.5% Median Discount
Publicly listed US equity real estate investment trusts closed Nov. 29 at a median 6.5% discount to their consensus net asset value per share estimates. The hotel sector continued to trade at the larg...
REITs: Key Demographic Trends Driving Opportunity
Understanding long-term demographic trends is crucial for real estate investments, with population growth and density significantly impacting property values. The aging U.S. population will drive dema...
Firming Inflation Fizzles Optimism
U.S. equity markets posted their worst week in two months as benchmark interest rates jumped to four-month highs after a critical slate of inflation data showed modestly firming price pressures. Fueli...
5 U.S. REITs Suspend Dividends Amid 2024 Cuts
Five US real estate investment trusts have suspended dividends so far this year, while six other REITs have lowered regular dividend payouts. The activity contrasts with the more than one-third of the...
U.S. REITs Log Dip In Short Interest In September
Average REIT short interest fell 8 basis points in September to 3.7% of shares outstanding, per S&P Global Market Intelligence data. The hotel sector followed with a 60-basis point drop, while the off...
Perspectives: Listed REITs - Fall Edition
Public REITs have benefited from a great rotation within equity markets since the end of June, with U.S. REITs returning 13.2% vs. S&P 500 3.7%. Clear evidence of a growth slowdown and moderating infl...
The REIT Comeback: Earnings Recap
Over 200 U.S. REITs and homebuilders have reported second-quarter earnings results over the past six weeks, providing critical information on the state of the commercial and residential real estate in...
REIT Earnings Halftime Report
We're at the halfway point of another consequential real estate earnings season, with 75 of the roughly 150 equity REITs and 19 of 38 mortgage REITs now having reported results. Amid an otherwise unde...
Why REIT's Didn't Grow In 2023
REIT FFO/share growth in 2023 was stalled due to increased insurance premiums and property taxes. Property taxes jumped from $170B to almost $200B in 2023, while insurance costs doubled as a percentag...
2 Years Of Gloom Have Done Interesting Things To REIT Valuation
REITs experienced a 26% drop in prices due to rising interest rates, creating opportunities for investors. Despite the overall decline, many REIT sectors, such as industrial, multifamily, and manufact...
