Short Interest in Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Increases By 96.9%
by Jessica Moore · The Cerbat GemHoya Capital High Dividend Yield ETF (NYSEARCA:RIET – Get Free Report) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 36,888 shares, an increase of 96.9% from the March 15th total of 18,733 shares. Based on an average daily trading volume, of 87,535 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the company’s stock are short sold.
Hoya Capital High Dividend Yield ETF Trading Up 1.2%
Shares of NYSEARCA RIET opened at $9.54 on Wednesday. The stock has a market cap of $103.13 million, a P/E ratio of 15.37 and a beta of 1.06. The business’s fifty day simple moving average is $9.36 and its 200-day simple moving average is $9.40. Hoya Capital High Dividend Yield ETF has a 12-month low of $8.75 and a 12-month high of $10.12.
Institutional Investors Weigh In On Hoya Capital High Dividend Yield ETF
A hedge fund recently raised its stake in Hoya Capital High Dividend Yield ETF stock. Pettee Investors Inc. raised its position in Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET – Free Report) by 18.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 89,329 shares of the company’s stock after acquiring an additional 14,196 shares during the quarter. Pettee Investors Inc. owned approximately 0.88% of Hoya Capital High Dividend Yield ETF worth $860,000 as of its most recent SEC filing.
About Hoya Capital High Dividend Yield ETF
The Hoya Capital High Dividend Yield ETF (RIET) is an exchange-traded fund that is based on the Hoya Capital High Dividend Yield index. The fund tracks an index of 100 high-dividend-paying, US-listed common and preferred stocks of REITs and real estate operating companies. RIET was launched on Sep 21, 2021 and is managed by Hoya.