Two Sigma Advisers LP Sells 19,300 Shares of Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI)

Two Sigma Advisers LP cut its position in Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI - Free Report) by 10.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 169,100 shares of the company's stock after selling 19,300 shares during the quarter. Two Sigma Advisers LP owned about 0.86% of Chicago Atlantic Real Estate Finance worth $2,608,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Intrepid Capital Management Inc. boosted its position in Chicago Atlantic Real Estate Finance by 503.1% during the fourth quarter. Intrepid Capital Management Inc. now owns 711,127 shares of the company's stock worth $10,966,000 after purchasing an additional 593,218 shares during the period. Fielder Capital Group LLC raised its stake in Chicago Atlantic Real Estate Finance by 8.8% in the fourth quarter. Fielder Capital Group LLC now owns 674,286 shares of the company's stock valued at $10,397,000 after purchasing an additional 54,605 shares in the last quarter. Tidal Investments LLC raised its stake in Chicago Atlantic Real Estate Finance by 0.9% in the fourth quarter. Tidal Investments LLC now owns 489,926 shares of the company's stock valued at $7,555,000 after purchasing an additional 4,316 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of Chicago Atlantic Real Estate Finance by 9.6% in the fourth quarter. Northern Trust Corp now owns 149,804 shares of the company's stock worth $2,310,000 after acquiring an additional 13,113 shares during the last quarter. Finally, Sage Mountain Advisors LLC lifted its holdings in shares of Chicago Atlantic Real Estate Finance by 5.4% in the fourth quarter. Sage Mountain Advisors LLC now owns 122,932 shares of the company's stock worth $1,896,000 after acquiring an additional 6,329 shares during the last quarter. 25.48% of the stock is owned by institutional investors.

Chicago Atlantic Real Estate Finance Stock Performance

Shares of Chicago Atlantic Real Estate Finance stock traded up $0.09 on Thursday, hitting $14.61. The stock had a trading volume of 58,262 shares, compared to its average volume of 112,500. The stock has a 50 day moving average of $14.45 and a 200 day moving average of $15.30. Chicago Atlantic Real Estate Finance, Inc. has a twelve month low of $12.76 and a twelve month high of $16.47. The firm has a market capitalization of $306.33 million, a P/E ratio of 7.31 and a beta of 0.26.

Chicago Atlantic Real Estate Finance Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 12.87%. The ex-dividend date of this dividend was Monday, March 31st. Chicago Atlantic Real Estate Finance's dividend payout ratio is currently 100.00%.

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.