Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Short Interest Update

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 36,611 shares, an increase of 389.3% from the June 15th total of 7,482 shares. Based on an average daily volume of 82,628 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the shares of the company are sold short.

Hoya Capital High Dividend Yield ETF Trading Down 0.2%

NYSEARCA RIET traded down $0.02 on Monday, hitting $9.73. 107,542 shares of the company traded hands, compared to its average volume of 75,932. The company has a market capitalization of $106.64 million, a price-to-earnings ratio of 15.37 and a beta of 1.02. The business’s 50 day moving average price is $9.61 and its 200-day moving average price is $9.50. Hoya Capital High Dividend Yield ETF has a 52-week low of $8.75 and a 52-week high of $10.12.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Hoya Capital High Dividend Yield ETF stock. Pettee Investors Inc. grew its stake in shares of Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) by 8.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,314 shares of the company’s stock after buying an additional 7,985 shares during the period. Pettee Investors Inc. owned 0.94% of Hoya Capital High Dividend Yield ETF worth $904,000 at the end of the most recent reporting period.

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.