NEOS Real Estate High Income ETF (BATS:IYRI) Sees Significant Decrease in Short Interest

NEOS Real Estate High Income ETF (BATS:IYRI) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 29,121 shares, a drop of 60.1% from the July 15th total of 72,933 shares. Approximately 2.6% of the shares of the stock are sold short. Based on an average trading volume of 66,248 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Gradient Investments LLC grew its holdings in NEOS Real Estate High Income ETF by 2.3% during the 2nd quarter. Gradient Investments LLC now owns 166,746 shares of the company’s stock valued at $8,189,000 after purchasing an additional 3,827 shares during the last quarter. PVG Asset Management Corp increased its holdings in NEOS Real Estate High Income ETF by 11.6% during the 2nd quarter. PVG Asset Management Corp now owns 12,532 shares of the company’s stock worth $615,000 after purchasing an additional 1,305 shares during the period. Core Wealth Advisors Inc. bought a new stake in NEOS Real Estate High Income ETF during the 1st quarter valued at $397,000. Royal Bank of Canada raised its position in NEOS Real Estate High Income ETF by 296.3% during the 1st quarter. Royal Bank of Canada now owns 3,963 shares of the company’s stock valued at $187,000 after purchasing an additional 2,963 shares in the last quarter. Finally, Cascade Wealth Advisors Inc lifted its holdings in shares of NEOS Real Estate High Income ETF by 19.8% in the 1st quarter. Cascade Wealth Advisors Inc now owns 127,879 shares of the company’s stock worth $6,339,000 after buying an additional 21,128 shares during the period.

NEOS Real Estate High Income ETF Stock Performance

IYRI stock opened at $49.98 on Friday. The company has a market capitalization of $54.98 million and a PE ratio of 35.64. NEOS Real Estate High Income ETF has a one year low of $46.29 and a one year high of $51.21. The company’s fifty day moving average price is $49.63 and its 200-day moving average price is $49.32.

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.