ETFB Green SRI REITs ETF (NYSEARCA:RITA) Sees Large Decline in Short Interest

ETFB Green SRI REITs ETF (NYSEARCA:RITA) was the target of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 5,163 shares, a drop of 27.5% from the January 29th total of 7,124 shares. Approximately 1.2% of the company’s shares are sold short. Based on an average daily trading volume, of 1,951 shares, the days-to-cover ratio is currently 2.6 days. Based on an average daily trading volume, of 1,951 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.2% of the company’s shares are sold short.

ETFB Green SRI REITs ETF Stock Performance

RITA stock opened at $20.77 on Friday. The company has a market capitalization of $8.93 million, a P/E ratio of 33.54 and a beta of 0.92. The company has a fifty day moving average price of $19.92 and a 200-day moving average price of $19.62. ETFB Green SRI REITs ETF has a 52-week low of $16.80 and a 52-week high of $21.86.

ETFB Green SRI REITs ETF Company Profile

The ETFB Green SRI REITs ETF (RITA) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index that provides exposure to REITs from developed countries that meet business, financial, green, and socially responsible investing (SRI) criteria. RITA was launched on Dec 8, 2021 and is managed by ETFB.