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

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIETGet Free Report) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 5,012 shares, a decline of 84.7% from the April 30th total of 32,686 shares. Based on an average trading volume of 62,179 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Hoya Capital High Dividend Yield ETF Trading Down 0.2%

Hoya Capital High Dividend Yield ETF stock traded down $0.02 during mid-day trading on Friday, hitting $9.63. The company had a trading volume of 55,520 shares, compared to its average volume of 73,002. The stock’s 50 day moving average price is $9.38 and its two-hundred day moving average price is $9.43. Hoya Capital High Dividend Yield ETF has a 12 month low of $8.75 and a 12 month high of $10.12. The company has a market capitalization of $104.39 million, a PE ratio of 15.37 and a beta of 1.04.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Hoya Capital High Dividend Yield ETF stock. Pettee Investors Inc. lifted its holdings in Hoya Capital High Dividend Yield ETF (NYSEARCA:RIETFree Report) by 18.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 89,329 shares of the company’s stock after purchasing an additional 14,196 shares during the quarter. Pettee Investors Inc. owned 0.88% of Hoya Capital High Dividend Yield ETF worth $860,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Hoya Capital High Dividend Yield ETF

(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.

See Also

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.