Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Short Interest Down 84.7% in May

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) was the recipient of a large decline in short interest during the month of 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 daily trading volume, of 62,179 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Hoya Capital High Dividend Yield ETF Trading Up 0.2%

Shares of Hoya Capital High Dividend Yield ETF stock traded up $0.02 during trading hours on Thursday, reaching $9.66. 15,993 shares of the company’s stock were exchanged, compared to its average volume of 72,699. The stock has a market cap of $104.71 million, a P/E ratio of 15.37 and a beta of 1.04. The company has a 50 day moving average of $9.37 and a two-hundred day moving average of $9.43. Hoya Capital High Dividend Yield ETF has a fifty-two week low of $8.75 and a fifty-two week high of $10.12.

Institutional Trading of Hoya Capital High Dividend Yield ETF

An institutional investor recently raised its position in Hoya Capital High Dividend Yield ETF stock. Pettee Investors Inc. lifted its position in shares of Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) by 18.9% during the 3rd quarter, according to its most recent 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 period. Pettee Investors Inc. owned 0.88% of Hoya Capital High Dividend Yield ETF worth $860,000 at the end of the most recent quarter.

Hoya Capital High Dividend Yield ETF Company Profile

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.