Tidal Investments LLC Has $7.53 Million Position in Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI)

Tidal Investments LLC raised its position in Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) by 21.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 485,610 shares of the company’s stock after buying an additional 85,481 shares during the quarter. Tidal Investments LLC’s holdings in Chicago Atlantic Real Estate Finance were worth $7,532,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in REFI. Commonwealth Equity Services LLC grew its stake in shares of Chicago Atlantic Real Estate Finance by 2.5% in the second quarter. Commonwealth Equity Services LLC now owns 37,337 shares of the company’s stock valued at $574,000 after acquiring an additional 909 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Chicago Atlantic Real Estate Finance by 5.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 23,105 shares of the company’s stock valued at $365,000 after purchasing an additional 1,111 shares during the period. The Manufacturers Life Insurance Company grew its position in shares of Chicago Atlantic Real Estate Finance by 6.6% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 21,684 shares of the company’s stock worth $336,000 after purchasing an additional 1,349 shares in the last quarter. Rhumbline Advisers increased its holdings in shares of Chicago Atlantic Real Estate Finance by 7.7% during the second quarter. Rhumbline Advisers now owns 23,754 shares of the company’s stock worth $365,000 after purchasing an additional 1,689 shares during the period. Finally, Martingale Asset Management L P raised its position in shares of Chicago Atlantic Real Estate Finance by 10.4% in the third quarter. Martingale Asset Management L P now owns 18,045 shares of the company’s stock valued at $280,000 after buying an additional 1,703 shares in the last quarter. Institutional investors own 25.48% of the company’s stock.

Insider Activity

In other Chicago Atlantic Real Estate Finance news, insider John Mazarakis acquired 2,779 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The stock was acquired at an average price of $15.82 per share, for a total transaction of $43,963.78. Following the acquisition, the insider now directly owns 372,709 shares in the company, valued at $5,896,256.38. This represents a 0.75 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 12.30% of the stock is currently owned by corporate insiders.

Chicago Atlantic Real Estate Finance Stock Down 0.2 %

Shares of Chicago Atlantic Real Estate Finance stock opened at $16.14 on Friday. Chicago Atlantic Real Estate Finance, Inc. has a 12-month low of $14.82 and a 12-month high of $17.65. The company has a market capitalization of $316.83 million, a price-to-earnings ratio of 8.07 and a beta of 0.23. The firm’s 50-day moving average price is $15.70 and its two-hundred day moving average price is $15.68.

Chicago Atlantic Real Estate Finance Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a $0.47 dividend. The ex-dividend date was Monday, September 30th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 11.65%. Chicago Atlantic Real Estate Finance’s dividend payout ratio (DPR) is currently 94.00%.

Chicago Atlantic Real Estate Finance Company Profile

Chicago Atlantic Real Estate Finance, Inc operates as a commercial real estate finance company in the United States. The company engages in originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its portfolio primarily includes offers senior loans to state-licensed operators in the cannabis industry.