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

ETFB Green SRI REITs ETF (NYSEARCA:RITA) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 2,173 shares, a drop of 42.6% from the July 15th total of 3,788 shares. Based on an average trading volume of 6,122 shares, the short-interest ratio is currently 0.4 days. Approximately 0.5% of the company’s stock are short sold.

ETFB Green SRI REITs ETF Price Performance

Shares of ETFB Green SRI REITs ETF stock traded down $0.09 during trading hours on Tuesday, hitting $21.38. The company had a trading volume of 25,229 shares, compared to its average volume of 2,086. The company’s 50-day moving average is $21.50 and its two-hundred day moving average is $20.73. The company has a market cap of $9.62 million, a P/E ratio of 33.54 and a beta of 0.88. ETFB Green SRI REITs ETF has a twelve month low of $18.89 and a twelve month high of $23.86.

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.