SUPIF short interest surges 1,348% in July

Short-interest updates across real estate and asset-allocation funds in July show contrasting sentiment shifts. The SMI 3Fourteen REAL Asset Allocation ETF (RAA) had a dramatic decline in short interest, dropping from 39,136 to 3,100 shares, suggesting a reduction in bearish bets despite a mild price move. Supermarket Income REIT (SUPIF) exhibited a massive increase in short interest to 155,033 shares, with an implied days-to-cover of infinity due to zero reported average daily volume, signaling liquidity and positioning uncertainties. The same SUPIF data appeared across multiple outlets, highlighting a notable July-to-August shift in sentiment toward UK supermarket-property exposure. In contrast, Cohen & Steers Quality Income Realty Fund (RQI) saw a sharp retreat in short interest, down 96.2% to 190,526 shares, accompanied by reporting on institutional investor activity. Collectively, the updates illustrate divergent dynamics within the real estate and asset-allocation sectors, with some names seeing rapid short-covering while others face swelling short interest amid liquidity considerations and strategic reallocations.