Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Sees Significant Growth in Short Interest

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIETGet Free Report) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totaling 38,992 shares, a growth of 67.1% from the December 31st total of 23,340 shares. Based on an average daily trading volume, of 85,399 shares, the short-interest ratio is presently 0.5 days. Currently, 0.4% of the company’s stock are sold short. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 85,399 shares, the short-interest ratio is presently 0.5 days.

Hoya Capital High Dividend Yield ETF Price Performance

NYSEARCA:RIET opened at $9.49 on Monday. Hoya Capital High Dividend Yield ETF has a one year low of $8.51 and a one year high of $10.54. The company has a market cap of $98.13 million, a PE ratio of 15.37 and a beta of 1.08. The firm has a 50-day moving average of $9.46 and a 200-day moving average of $9.52.

Hoya Capital High Dividend Yield ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, January 22nd. Stockholders of record on Wednesday, January 21st were issued a $0.0855 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 10.8%. The ex-dividend date was Wednesday, January 21st.

Institutional Inflows and Outflows

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

Hoya Capital High Dividend Yield ETF Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Hoya Capital High Dividend Yield ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hoya Capital High Dividend Yield ETF and related companies with MarketBeat.com's FREE daily email newsletter.