Doliver Advisors LP Boosts Stake in Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI)

Doliver Advisors LP boosted its holdings in shares of Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI - Free Report) by 68.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,188 shares of the company's stock after buying an additional 18,750 shares during the period. Doliver Advisors LP owned approximately 0.22% of Chicago Atlantic Real Estate Finance worth $679,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Chicago Atlantic Real Estate Finance Trading Down 1.4%

REFI stock traded down $0.21 during mid-day trading on Monday, reaching $14.35. The company's stock had a trading volume of 127,774 shares, compared to its average volume of 112,860. The company's 50 day moving average is $14.43 and its two-hundred day moving average is $15.29. The stock has a market cap of $300.88 million, a PE ratio of 7.18 and a beta of 0.26. Chicago Atlantic Real Estate Finance, Inc. has a fifty-two week low of $12.76 and a fifty-two week high of $16.47.

Chicago Atlantic Real Estate Finance Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a dividend of $0.47 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 13.10%. 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.