Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Short Interest Up 204.6% in July

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 111,514 shares, an increase of 204.6% from the June 30th total of 36,611 shares. Approximately 1.0% of the company’s stock are sold short. Based on an average trading volume of 84,564 shares, the days-to-cover ratio is presently 1.3 days.

Hoya Capital High Dividend Yield ETF Trading Up 0.7%

NYSEARCA:RIET traded up $0.07 during trading hours on Monday, hitting $9.76. The stock had a trading volume of 50,418 shares, compared to its average volume of 76,459. The company has a market cap of $109.02 million, a PE ratio of 15.37 and a beta of 1.02. The business has a 50 day simple moving average of $9.66 and a two-hundred day simple moving average of $9.53. Hoya Capital High Dividend Yield ETF has a 1-year low of $8.75 and a 1-year high of $10.12.

Institutional Investors Weigh In On Hoya Capital High Dividend Yield ETF

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

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.