Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Sees Large Decrease in Short Interest

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 5,424 shares, a decline of 89.8% from the September 15th total of 53,386 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 98,790 shares, the days-to-cover ratio is currently 0.1 days.

Hoya Capital High Dividend Yield ETF Price Performance

NYSEARCA RIET traded down $0.01 during trading hours on Friday, hitting $8.30. The company had a trading volume of 30,464 shares, compared to its average volume of 82,297. The firm’s 50 day moving average is $9.11 and its 200 day moving average is $9.39. Hoya Capital High Dividend Yield ETF has a fifty-two week low of $8.21 and a fifty-two week high of $10.05. The company has a market capitalization of $99.02 million, a price-to-earnings ratio of 15.37 and a beta of 1.02.

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.