19,760 Shares in Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) Purchased by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC bought a new position in shares of Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 19,760 shares of the company's stock, valued at approximately $305,000. Cubist Systematic Strategies LLC owned 0.10% of Chicago Atlantic Real Estate Finance at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of REFI. Geode Capital Management LLC increased its holdings in shares of Chicago Atlantic Real Estate Finance by 5.4% during the 4th quarter. Geode Capital Management LLC now owns 12,982 shares of the company's stock worth $201,000 after purchasing an additional 663 shares during the period. The Manufacturers Life Insurance Company grew its position in Chicago Atlantic Real Estate Finance by 3.2% during the fourth quarter. The Manufacturers Life Insurance Company now owns 22,371 shares of the company's stock worth $345,000 after buying an additional 687 shares in the last quarter. Russell Investments Group Ltd. increased its stake in Chicago Atlantic Real Estate Finance by 33.5% during the fourth quarter. Russell Investments Group Ltd. now owns 3,321 shares of the company's stock valued at $51,000 after acquiring an additional 833 shares during the period. Tower Research Capital LLC TRC increased its stake in Chicago Atlantic Real Estate Finance by 45.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,667 shares of the company's stock valued at $41,000 after acquiring an additional 838 shares during the period. Finally, Commonwealth Equity Services LLC raised its holdings in Chicago Atlantic Real Estate Finance by 4.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 44,659 shares of the company's stock valued at $689,000 after acquiring an additional 1,842 shares in the last quarter. 25.48% of the stock is currently owned by institutional investors and hedge funds.

Chicago Atlantic Real Estate Finance Price Performance

Shares of NASDAQ:REFI remained flat at $14.53 during trading on Friday. The stock had a trading volume of 9,717 shares, compared to its average volume of 111,960. The stock has a market capitalization of $304.65 million, a P/E ratio of 7.27 and a beta of 0.26. Chicago Atlantic Real Estate Finance, Inc. has a one year low of $12.76 and a one year high of $16.47. The company has a fifty day moving average price of $14.54 and a two-hundred day moving average price of $15.34.

Chicago Atlantic Real Estate Finance Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a dividend of $0.47 per share. The ex-dividend date was Monday, March 31st. This represents a $1.88 dividend on an annualized basis and a yield of 12.94%. Chicago Atlantic Real Estate Finance's dividend payout ratio is currently 100.00%.

About Chicago Atlantic Real Estate Finance

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.