Short Interest in Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Rises By 65.4%

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) was the recipient of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 18,733 shares, a growth of 65.4% from the February 26th total of 11,328 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 84,132 shares, the days-to-cover ratio is currently 0.2 days.

Hoya Capital High Dividend Yield ETF Stock Performance

RIET traded down $0.17 on Friday, hitting $8.77. The company had a trading volume of 85,567 shares, compared to its average volume of 77,686. The stock has a market capitalization of $90.07 million, a price-to-earnings ratio of 15.37 and a beta of 1.08. The stock has a fifty day moving average price of $9.47 and a 200-day moving average price of $9.47. Hoya Capital High Dividend Yield ETF has a 12-month low of $8.51 and a 12-month high of $10.12.

Hoya Capital High Dividend Yield ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 18th. Stockholders of record on Tuesday, February 17th were given a $0.0855 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a c) dividend on an annualized basis and a dividend yield of 11.7%.

Institutional Investors Weigh In On Hoya Capital High Dividend Yield ETF

An institutional investor recently raised its position in Hoya Capital High Dividend Yield ETF stock. Pettee Investors Inc. lifted its stake in shares of Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) by 8.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 97,314 shares of the company’s stock after buying an additional 7,985 shares during the period. Pettee Investors Inc. owned approximately 0.94% of Hoya Capital High Dividend Yield ETF worth $904,000 at the end of the most recent quarter.

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.