NEOS Real Estate High Income ETF (BATS:IYRI) Short Interest Down 41.0% in May

NEOS Real Estate High Income ETF (BATS:IYRI) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 23,914 shares, a decline of 41.0% from the May 14th total of 40,561 shares. Approximately 2.2% of the company’s shares are sold short. Based on an average trading volume of 76,316 shares, the days-to-cover ratio is currently 0.3 days.

NEOS Real Estate High Income ETF Price Performance

NEOS Real Estate High Income ETF stock opened at $49.33 on Wednesday. The stock’s 50 day moving average is $49.23 and its 200 day moving average is $49.17. The firm has a market cap of $54.26 million and a P/E ratio of 35.64. NEOS Real Estate High Income ETF has a one year low of $46.29 and a one year high of $51.25.

Hedge Funds Weigh In On NEOS Real Estate High Income ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in IYRI. Cascade Wealth Advisors Inc lifted its stake in shares of NEOS Real Estate High Income ETF by 749.6% in the fourth quarter. Cascade Wealth Advisors Inc now owns 106,751 shares of the company’s stock worth $5,212,000 after acquiring an additional 94,186 shares during the period. Cherry Creek Investment Advisors Inc. acquired a new position in shares of NEOS Real Estate High Income ETF in the first quarter worth approximately $1,935,000. Prevail Innovative Wealth Advisors LLC acquired a new position in shares of NEOS Real Estate High Income ETF in the fourth quarter worth approximately $1,365,000. Moran Wealth Management LLC lifted its stake in shares of NEOS Real Estate High Income ETF by 287.3% in the first quarter. Moran Wealth Management LLC now owns 36,433 shares of the company’s stock worth $1,723,000 after acquiring an additional 27,027 shares during the period. Finally, Jane Street Group LLC lifted its stake in shares of NEOS Real Estate High Income ETF by 203.4% in the second quarter. Jane Street Group LLC now owns 30,317 shares of the company’s stock worth $1,516,000 after acquiring an additional 20,325 shares during the period.

NEOS Real Estate High Income ETF Company Profile

The NEOS Real Estate High Income ETF (IYRI) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed fund that seeks high monthly income with the potential for appreciation by actively investing in stocks of the Dow Jones U.S. Real Estate Capped Index while also utilizing call options strategies. IYRI was launched on Jan 14, 2025 and is issued by Neos.