Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Short Interest Up 586.4% in December

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 70,154 shares, an increase of 586.4% from the November 30th total of 10,221 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average trading volume of 86,475 shares, the short-interest ratio is presently 0.8 days. Based on an average trading volume of 86,475 shares, the short-interest ratio is presently 0.8 days. Currently, 0.7% of the company’s stock are short sold.

Hoya Capital High Dividend Yield ETF Stock Performance

Shares of Hoya Capital High Dividend Yield ETF stock traded up $0.07 during trading hours on Wednesday, reaching $9.28. 45,527 shares of the company were exchanged, compared to its average volume of 93,468. The firm has a market cap of $93.73 million, a PE ratio of 15.37 and a beta of 1.08. Hoya Capital High Dividend Yield ETF has a 1 year low of $8.51 and a 1 year high of $10.54. The stock’s fifty day moving average is $9.33 and its 200 day moving average is $9.52.

Institutional Investors Weigh In On Hoya Capital High Dividend Yield ETF

An institutional investor recently bought a new position in Hoya Capital High Dividend Yield ETF stock. Farther Finance Advisors LLC bought a new position in shares of Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,100 shares of the company’s stock, valued at approximately $29,000.

Hoya Capital High Dividend Yield ETF Company Profile

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.